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$436,499
Remaining term (yrs)19.419.430.0
Secondary amount$0$264,134$0
Funding fee$862$862$0
Note rate2.220%2.220%7.400%
Blended rate2.220%5.566%7.640%
1st payment$905.09$905.09$3,022.23
2nd payment$0.00$1,705.87$0.00
Taxes / mo$404.17$404.17$404.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$119.00$119.00$119.00
Total monthly$1,594.92$3,300.79$3,799.36
Cash to close$312,634$48,500$48,500