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$166,803$166,803$319,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$152,697$0
Funding fee$834$834$0
Note rate2.900%2.900%7.400%
Blended rate2.900%5.337%7.640%
1st payment$787.74$787.74$2,212.15
2nd payment$0.00$1,017.98$0.00
Taxes / mo$285.67$285.67$285.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,223.40$2,241.38$2,711.72
Cash to close$188,197$35,500$35,500