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$175,761$175,761$271,800
Remaining term (yrs)23.923.930.0
Secondary amount$0$96,039$0
Funding fee$879$879$0
Note rate2.930%2.930%7.400%
Blended rate2.930%5.075%7.640%
1st payment$848.48$848.48$1,881.89
2nd payment$0.00$720.30$0.00
Taxes / mo$251.67$251.67$251.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.36
HOA / mo$10.42$10.42$10.42
Total monthly$1,260.57$1,980.87$2,348.33
Cash to close$126,239$30,200$30,200