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$187,223$187,223$359,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$171,877$0
Funding fee$936$936$0
Note rate2.710%2.710%7.400%
Blended rate2.710%5.242%7.640%
1st payment$874.23$874.23$2,486.34
2nd payment$0.00$1,145.85$0.00
Taxes / mo$373.25$373.25$373.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$574.00$574.00$574.00
Total monthly$1,971.48$3,117.33$3,655.41
Cash to close$211,777$39,900$39,900