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$168,211$168,211$332,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$164,699$0
Funding fee$841$841$0
Note rate2.930%2.930%7.400%
Blended rate2.930%5.438%7.640%
1st payment$793.36$793.36$2,305.00
2nd payment$0.00$1,097.99$0.00
Taxes / mo$119.75$119.75$119.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,063.11$2,161.10$2,641.33
Cash to close$201,689$36,990$36,990