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$160,836$160,836$279,810
Remaining term (yrs)23.623.630.0
Secondary amount$0$118,974$0
Funding fee$804$804$0
Note rate2.900%2.900%7.320%
Blended rate2.900%5.068%7.560%
1st payment$781.47$781.47$1,922.10
2nd payment$0.00$793.16$0.00
Taxes / mo$339.50$339.50$339.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.96
HOA / mo$35.00$35.00$35.00
Total monthly$1,305.97$2,099.13$2,502.56
Cash to close$150,064$31,090$31,090