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$167,932$167,932$333,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$165,068$0
Funding fee$840$840$0
Note rate2.770%2.770%7.400%
Blended rate2.770%5.363%7.640%
1st payment$776.41$776.41$2,305.62
2nd payment$0.00$1,100.46$0.00
Taxes / mo$69.25$69.25$69.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$995.66$2,096.11$2,591.47
Cash to close$202,068$37,000$37,000