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$177,769$177,769$287,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$110,141$0
Funding fee$889$889$0
Note rate2.250%2.250%7.400%
Blended rate2.250%4.450%7.640%
1st payment$769.59$769.59$1,993.43
2nd payment$0.00$734.27$0.00
Taxes / mo$186.33$186.33$186.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,105.92$1,840.19$2,387.35
Cash to close$142,131$31,990$31,990