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$146,967$146,967$204,210
Remaining term (yrs)24.324.330.0
Secondary amount$0$57,243$0
Funding fee$735$735$0
Note rate2.670%2.670%7.400%
Blended rate2.670%4.444%7.640%
1st payment$683.27$683.27$1,413.91
2nd payment$0.00$429.32$0.00
Taxes / mo$178.08$178.08$178.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.84
HOA / mo$271.00$271.00$271.00
Total monthly$1,282.36$1,711.68$2,053.83
Cash to close$79,933$22,690$22,690