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$182,380$182,380$382,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$200,120$0
Funding fee$912$912$0
Note rate2.790%2.790%7.320%
Blended rate2.790%5.385%7.560%
1st payment$854.99$854.99$2,627.51
2nd payment$0.00$1,292.44$0.00
Taxes / mo$73.58$73.58$73.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$3.33$3.33$3.33
Total monthly$1,081.90$2,374.35$2,930.92
Cash to close$242,620$42,500$42,500