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$160,978$160,978$359,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$198,932$0
Funding fee$805$805$0
Note rate2.870%2.870%7.320%
Blended rate2.870%5.705%7.560%
1st payment$766.65$766.65$2,472.33
2nd payment$0.00$1,326.22$0.00
Taxes / mo$520.17$520.17$520.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,436.82$2,763.04$3,214.48
Cash to close$238,922$39,990$39,990