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$159,282$159,282$233,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$74,628$0
Funding fee$796$796$0
Note rate2.840%2.840%7.400%
Blended rate2.840%4.805%7.640%
1st payment$740.45$740.45$1,619.55
2nd payment$0.00$559.71$0.00
Taxes / mo$199.46$199.46$199.46
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,089.91$1,649.62$2,015.79
Cash to close$100,618$25,990$25,990