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$168,182$168,182$332,730
Remaining term (yrs)23.923.930.0
Secondary amount$0$164,548$0
Funding fee$841$841$0
Note rate2.900%2.900%7.400%
Blended rate2.900%5.422%7.640%
1st payment$809.31$809.31$2,303.76
2nd payment$0.00$1,096.99$0.00
Taxes / mo$308.08$308.08$308.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.55
HOA / mo$0.00$0.00$0.00
Total monthly$1,267.39$2,364.37$2,828.38
Cash to close$201,518$36,970$36,970