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$172,478$172,478$337,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$165,022$0
Funding fee$862$862$0
Note rate2.870%2.870%7.320%
Blended rate2.870%5.378%7.560%
1st payment$804.46$804.46$2,318.39
2nd payment$0.00$1,100.15$0.00
Taxes / mo$312.50$312.50$312.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$210.00$210.00$210.00
Total monthly$1,476.96$2,577.11$3,058.39
Cash to close$202,522$37,500$37,500