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$184,038$184,038$281,250
Remaining term (yrs)24.824.830.0
Secondary amount$0$97,212$0
Funding fee$920$920$0
Note rate2.960%2.960%7.400%
Blended rate2.960%5.048%7.640%
1st payment$870.87$870.87$1,947.32
2nd payment$0.00$729.09$0.00
Taxes / mo$685.75$685.75$685.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.25
HOA / mo$0.00$0.00$0.00
Total monthly$1,706.62$2,435.71$2,839.32
Cash to close$128,462$31,250$31,250