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$189,224$189,224$359,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$170,686$0
Funding fee$946$946$0
Note rate2.860%2.860%7.320%
Blended rate2.860%5.298%7.560%
1st payment$904.51$904.51$2,472.33
2nd payment$0.00$1,137.91$0.00
Taxes / mo$304.00$304.00$304.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,358.51$2,496.41$2,998.31
Cash to close$210,676$39,990$39,990