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$164,423$164,423$359,100
Remaining term (yrs)21.221.230.0
Secondary amount$0$194,677$0
Funding fee$822$822$0
Note rate2.500%2.500%7.320%
Blended rate2.500%5.482%7.560%
1st payment$829.36$829.36$2,466.77
2nd payment$0.00$1,297.84$0.00
Taxes / mo$214.08$214.08$214.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,193.44$2,491.29$2,902.67
Cash to close$234,577$39,900$39,900