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$9,410$9,410$157,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$148,090$0
Funding fee$47$47$0
Note rate2.870%2.870%7.320%
Blended rate2.870%7.694%7.560%
1st payment$43.30$43.30$1,081.92
2nd payment$0.00$987.27$0.00
Taxes / mo$78.17$78.17$78.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$31.50
HOA / mo$0.00$0.00$0.00
Total monthly$271.47$1,258.74$1,341.58
Cash to close$165,590$17,500$17,500