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$192,638$192,638$359,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$166,462$0
Funding fee$963$963$0
Note rate2.770%2.770%7.400%
Blended rate2.770%5.194%7.640%
1st payment$901.11$901.11$2,486.34
2nd payment$0.00$1,109.74$0.00
Taxes / mo$170.83$170.83$170.83
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$1,221.95$2,331.69$2,878.99
Cash to close$206,362$39,900$39,900