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$152,045$152,045$297,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$144,955$0
Funding fee$760$760$0
Note rate2.900%2.900%7.400%
Blended rate2.900%5.389%7.640%
1st payment$709.91$709.91$2,056.37
2nd payment$0.00$966.37$0.00
Taxes / mo$116.17$116.17$116.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$976.08$1,942.45$2,381.93
Cash to close$177,955$33,000$33,000