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$176,133$176,133$346,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$170,367$0
Funding fee$881$881$0
Note rate2.780%2.780%7.320%
Blended rate2.780%5.347%7.560%
1st payment$826.76$826.76$2,380.21
2nd payment$0.00$1,135.78$0.00
Taxes / mo$320.83$320.83$320.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,297.60$2,433.38$2,920.35
Cash to close$208,867$38,500$38,500