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$150,721$150,721$229,410
Remaining term (yrs)24.024.030.0
Secondary amount$0$78,689$0
Funding fee$754$754$0
Note rate2.880%2.880%7.400%
Blended rate2.880%4.979%7.640%
1st payment$722.00$722.00$1,588.39
2nd payment$0.00$590.17$0.00
Taxes / mo$212.42$212.42$212.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.88
HOA / mo$0.00$0.00$0.00
Total monthly$1,084.42$1,674.59$1,996.69
Cash to close$104,179$25,490$25,490