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$189,599$189,599$315,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$125,401$0
Funding fee$948$948$0
Note rate2.650%2.650%7.400%
Blended rate2.650%4.780%7.640%
1st payment$877.43$877.43$2,181.00
2nd payment$0.00$836.01$0.00
Taxes / mo$291.67$291.67$291.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,319.09$2,155.10$2,685.66
Cash to close$160,401$35,000$35,000