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$152,004$152,004$233,010
Remaining term (yrs)24.224.230.0
Secondary amount$0$81,006$0
Funding fee$760$760$0
Note rate2.720%2.720%7.400%
Blended rate2.720%4.903%7.640%
1st payment$712.27$712.27$1,613.31
2nd payment$0.00$607.55$0.00
Taxes / mo$540.83$540.83$540.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,403.10$2,010.65$2,350.75
Cash to close$106,896$25,890$25,890