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$178,123$178,123$314,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$135,977$0
Funding fee$891$891$0
Note rate2.390%2.390%7.400%
Blended rate2.390%4.819%7.640%
1st payment$797.06$797.06$2,174.76
2nd payment$0.00$906.52$0.00
Taxes / mo$259.08$259.08$259.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$14.33$14.33$14.33
Total monthly$1,220.47$2,126.99$2,661.00
Cash to close$170,877$34,900$34,900