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$149,222$149,222$247,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$98,278$0
Funding fee$746$746$0
Note rate2.150%2.150%7.320%
Blended rate2.150%4.870%7.560%
1st payment$640.22$640.22$1,700.15
2nd payment$0.00$737.08$0.00
Taxes / mo$229.17$229.17$229.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,019.39$1,756.47$2,128.82
Cash to close$125,778$27,500$27,500