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$179,386$179,386$286,200
Remaining term (yrs)24.024.030.0
Secondary amount$0$106,814$0
Funding fee$897$897$0
Note rate2.870%2.870%7.400%
Blended rate2.870%4.785%7.640%
1st payment$858.40$858.40$1,981.59
2nd payment$0.00$712.09$0.00
Taxes / mo$154.92$154.92$154.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.24
HOA / mo$0.00$0.00$0.00
Total monthly$1,163.32$1,875.41$2,343.75
Cash to close$138,614$31,800$31,800