Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$153,663$153,663$386,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$232,437$0
Funding fee$768$768$0
Note rate2.810%2.810%7.240%
Blended rate2.810%5.784%7.480%
1st payment$721.94$721.94$2,631.26
2nd payment$0.00$1,501.16$0.00
Taxes / mo$357.50$357.50$357.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,229.44$2,730.60$3,215.98
Cash to close$275,337$42,900$42,900