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$184,803$184,803$391,500
Remaining term (yrs)19.719.730.0
Secondary amount$0$206,697$0
Funding fee$924$924$0
Note rate2.990%2.990%7.320%
Blended rate2.990%5.503%7.560%
1st payment$1,030.28$1,030.28$2,689.33
2nd payment$0.00$1,334.92$0.00
Taxes / mo$200.92$200.92$200.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$0.75$0.75$0.75
Total monthly$1,381.95$2,716.86$3,119.30
Cash to close$250,197$43,500$43,500