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$151,328$151,328$233,910
Remaining term (yrs)24.124.130.0
Secondary amount$0$82,582$0
Funding fee$757$757$0
Note rate2.770%2.770%7.320%
Blended rate2.770%4.970%7.560%
1st payment$714.67$714.67$1,606.80
2nd payment$0.00$619.37$0.00
Taxes / mo$526.33$526.33$526.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,391.00$2,010.37$2,329.91
Cash to close$108,572$25,990$25,990