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$189,937$189,937$242,999
Remaining term (yrs)24.924.930.0
Secondary amount$0$53,062$0
Funding fee$950$950$0
Note rate2.700%2.700%7.400%
Blended rate2.700%4.076%7.640%
1st payment$871.35$871.35$1,682.48
2nd payment$0.00$397.97$0.00
Taxes / mo$225.00$225.00$225.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,246.34$1,644.31$2,106.08
Cash to close$80,062$27,000$27,000