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$178,751$178,751$331,110
Remaining term (yrs)23.923.930.0
Secondary amount$0$152,359$0
Funding fee$894$894$0
Note rate2.990%2.990%7.400%
Blended rate2.990%5.295%7.640%
1st payment$868.45$868.45$2,292.54
2nd payment$0.00$1,015.73$0.00
Taxes / mo$490.33$490.33$490.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.22
HOA / mo$338.00$338.00$338.00
Total monthly$1,846.78$2,862.51$3,337.09
Cash to close$189,149$36,790$36,790