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$179,112$179,112$472,410
Remaining term (yrs)19.319.330.0
Secondary amount$0$293,298$0
Funding fee$896$896$0
Note rate2.790%2.790%7.320%
Blended rate2.790%5.869%7.560%
1st payment$993.31$993.31$3,245.13
2nd payment$0.00$1,894.22$0.00
Taxes / mo$125.50$125.50$125.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,285.47$3,179.69$3,631.78
Cash to close$345,788$52,490$52,490