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$161,583$161,583$221,310
Remaining term (yrs)24.124.130.0
Secondary amount$0$59,727$0
Funding fee$808$808$0
Note rate2.910%2.910%7.400%
Blended rate2.910%4.554%7.640%
1st payment$774.69$774.69$1,532.31
2nd payment$0.00$447.95$0.00
Taxes / mo$204.92$204.92$204.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.26
HOA / mo$0.00$0.00$0.00
Total monthly$1,129.60$1,577.56$1,931.48
Cash to close$84,317$24,590$24,590