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$169,705$169,705$350,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$181,205$0
Funding fee$849$849$0
Note rate2.500%2.500%7.400%
Blended rate2.500%5.340%7.640%
1st payment$765.01$765.01$2,429.63
2nd payment$0.00$1,208.03$0.00
Taxes / mo$409.67$409.67$409.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.18
HOA / mo$13.67$13.67$13.67
Total monthly$1,338.34$2,546.38$3,073.15
Cash to close$220,195$38,990$38,990