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$172,365$172,365$449,910
Remaining term (yrs)19.419.430.0
Secondary amount$0$277,545$0
Funding fee$862$862$0
Note rate2.220%2.220%7.400%
Blended rate2.220%5.631%7.640%
1st payment$905.09$905.09$3,115.09
2nd payment$0.00$1,792.48$0.00
Taxes / mo$416.58$416.58$416.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$119.00$119.00$119.00
Total monthly$1,607.34$3,399.82$3,907.32
Cash to close$327,535$49,990$49,990