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$165,803$165,803$279,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$113,197$0
Funding fee$829$829$0
Note rate2.710%2.710%7.400%
Blended rate2.710%4.856%7.640%
1st payment$776.09$776.09$1,931.74
2nd payment$0.00$754.64$0.00
Taxes / mo$152.92$152.92$152.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,079.00$1,833.65$2,290.46
Cash to close$144,197$31,000$31,000