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$155,278$155,278$292,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$137,222$0
Funding fee$776$776$0
Note rate2.730%2.730%7.320%
Blended rate2.730%5.202%7.560%
1st payment$724.91$724.91$2,009.27
2nd payment$0.00$914.81$0.00
Taxes / mo$250.67$250.67$250.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,125.57$2,040.39$2,468.44
Cash to close$169,722$32,500$32,500