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$182,774$182,774$323,910
Remaining term (yrs)21.221.230.0
Secondary amount$0$141,136$0
Funding fee$914$914$0
Note rate2.720%2.720%7.320%
Blended rate2.720%5.021%7.560%
1st payment$941.81$941.81$2,225.04
2nd payment$0.00$940.91$0.00
Taxes / mo$372.25$372.25$372.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,464.06$2,404.97$2,812.07
Cash to close$177,126$35,990$35,990