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$169,859$169,859$351,000
Remaining term (yrs)19.719.730.0
Secondary amount$0$181,141$0
Funding fee$849$849$0
Note rate2.280%2.280%7.400%
Blended rate2.280%5.232%7.640%
1st payment$887.84$887.84$2,430.25
2nd payment$0.00$1,207.61$0.00
Taxes / mo$190.08$190.08$190.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$375.00$375.00$375.00
Total monthly$1,602.93$2,810.54$3,215.54
Cash to close$220,141$39,000$39,000