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$176,161$176,161$260,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$84,749$0
Funding fee$881$881$0
Note rate2.720%2.720%7.400%
Blended rate2.720%4.760%7.640%
1st payment$823.47$823.47$1,806.49
2nd payment$0.00$635.62$0.00
Taxes / mo$241.58$241.58$241.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,215.06$1,850.68$2,250.25
Cash to close$113,739$28,990$28,990