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$168,954$168,954$459,000
Remaining term (yrs)18.118.130.0
Secondary amount$0$290,046$0
Funding fee$845$845$0
Note rate2.870%2.870%7.400%
Blended rate2.870%5.954%7.640%
1st payment$991.98$991.98$3,178.02
2nd payment$0.00$1,873.21$0.00
Taxes / mo$352.42$352.42$352.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$50.00$50.00$50.00
Total monthly$1,561.06$3,434.28$3,838.91
Cash to close$341,046$51,000$51,000