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$150,805$150,805$265,482
Remaining term (yrs)24.124.130.0
Secondary amount$0$114,677$0
Funding fee$754$754$0
Note rate2.780%2.780%7.400%
Blended rate2.780%5.035%7.640%
1st payment$712.97$712.97$1,838.14
2nd payment$0.00$764.52$0.00
Taxes / mo$245.82$245.82$245.82
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$30.00$30.00$30.00
Total monthly$1,138.78$1,903.30$2,317.06
Cash to close$144,175$29,498$29,498