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$172,809$172,809$306,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$133,191$0
Funding fee$864$864$0
Note rate2.720%2.720%7.320%
Blended rate2.720%5.018%7.560%
1st payment$809.76$809.76$2,102.01
2nd payment$0.00$887.94$0.00
Taxes / mo$283.33$283.33$283.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,243.09$2,131.03$2,596.54
Cash to close$167,191$34,000$34,000