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$164,823$164,823$256,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$91,677$0
Funding fee$824$824$0
Note rate2.990%2.990%7.400%
Blended rate2.990%5.138%7.640%
1st payment$784.28$784.28$1,775.95
2nd payment$0.00$687.58$0.00
Taxes / mo$237.50$237.50$237.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,171.78$1,859.36$2,214.75
Cash to close$120,177$28,500$28,500