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$178,659$178,659$413,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$234,441$0
Funding fee$893$893$0
Note rate2.830%2.830%7.320%
Blended rate2.830%5.622%7.560%
1st payment$845.19$845.19$2,837.71
2nd payment$0.00$1,514.10$0.00
Taxes / mo$138.50$138.50$138.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,150.35$2,664.45$3,225.50
Cash to close$280,341$45,900$45,900