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$149,327$149,327$305,550
Remaining term (yrs)24.324.330.0
Secondary amount$0$156,223$0
Funding fee$747$747$0
Note rate2.250%2.250%7.400%
Blended rate2.250%5.190%7.640%
1st payment$662.86$662.86$2,115.57
2nd payment$0.00$1,041.49$0.00
Taxes / mo$119.98$119.98$119.98
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.11
HOA / mo$10.00$10.00$10.00
Total monthly$942.84$1,984.33$2,456.66
Cash to close$190,173$33,950$33,950