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$143,314$143,314$214,650
Remaining term (yrs)24.424.430.0
Secondary amount$0$71,336$0
Funding fee$717$717$0
Note rate2.800%2.800%7.320%
Blended rate2.800%4.860%7.560%
1st payment$672.58$672.58$1,474.50
2nd payment$0.00$535.02$0.00
Taxes / mo$198.75$198.75$198.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.93
HOA / mo$0.00$0.00$0.00
Total monthly$1,021.33$1,556.36$1,866.18
Cash to close$95,186$23,850$23,850