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$155,241$155,241$211,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$56,169$0
Funding fee$776$776$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.521%7.640%
1st payment$728.12$728.12$1,463.76
2nd payment$0.00$421.26$0.00
Taxes / mo$195.75$195.75$195.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,073.87$1,495.14$1,851.79
Cash to close$79,659$23,490$23,490