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$179,520$179,520$472,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$292,980$0
Funding fee$898$898$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.873%7.640%
1st payment$843.42$843.42$3,271.49
2nd payment$0.00$1,892.16$0.00
Taxes / mo$380.25$380.25$380.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$105.00$105.00$105.00
Total monthly$1,495.34$3,387.50$4,017.91
Cash to close$345,480$52,500$52,500