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$182,206$182,206$341,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$159,704$0
Funding fee$911$911$0
Note rate2.710%2.710%7.400%
Blended rate2.710%5.181%7.640%
1st payment$852.86$852.86$2,367.32
2nd payment$0.00$1,064.69$0.00
Taxes / mo$190.00$190.00$190.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,192.86$2,257.56$2,775.70
Cash to close$197,694$37,990$37,990