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$160,901$160,901$390,600
Remaining term (yrs)24.024.030.0
Secondary amount$0$229,699$0
Funding fee$805$805$0
Note rate2.870%2.870%7.400%
Blended rate2.870%5.740%7.640%
1st payment$769.95$769.95$2,704.44
2nd payment$0.00$1,483.47$0.00
Taxes / mo$164.83$164.83$164.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.12
HOA / mo$0.00$0.00$0.00
Total monthly$1,084.78$2,568.25$3,097.39
Cash to close$273,099$43,400$43,400