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$195,485$195,485$404,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$209,425$0
Funding fee$977$977$0
Note rate2.660%2.660%7.320%
Blended rate2.660%5.293%7.560%
1st payment$907.85$907.85$2,781.45
2nd payment$0.00$1,352.53$0.00
Taxes / mo$374.92$374.92$374.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$536.00$536.00$536.00
Total monthly$1,968.77$3,321.30$3,923.35
Cash to close$254,415$44,990$44,990