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$183,312$183,312$404,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$221,598$0
Funding fee$917$917$0
Note rate2.800%2.800%7.400%
Blended rate2.800%5.509%7.640%
1st payment$870.62$870.62$2,803.52
2nd payment$0.00$1,431.16$0.00
Taxes / mo$408.17$408.17$408.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,428.79$2,859.94$3,442.66
Cash to close$266,588$44,990$44,990