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$182,614$182,614$278,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$96,296$0
Funding fee$913$913$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.921%7.640%
1st payment$842.34$842.34$1,931.12
2nd payment$0.00$722.22$0.00
Taxes / mo$271.83$271.83$271.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.78
HOA / mo$360.00$360.00$360.00
Total monthly$1,624.18$2,346.40$2,768.73
Cash to close$127,286$30,990$30,990