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$186,352$186,352$472,410
Remaining term (yrs)24.424.430.0
Secondary amount$0$286,058$0
Funding fee$932$932$0
Note rate2.660%2.660%7.400%
Blended rate2.660%5.742%7.640%
1st payment$863.35$863.35$3,270.87
2nd payment$0.00$1,847.45$0.00
Taxes / mo$152.75$152.75$152.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,182.76$3,030.22$3,684.77
Cash to close$338,548$52,490$52,490