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$182,336$182,336$332,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$150,574$0
Funding fee$912$912$0
Note rate2.790%2.790%7.400%
Blended rate2.790%5.146%7.640%
1st payment$856.81$856.81$2,305.00
2nd payment$0.00$1,003.83$0.00
Taxes / mo$308.25$308.25$308.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,315.06$2,318.89$2,829.83
Cash to close$187,564$36,990$36,990