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$184,486$184,486$256,410
Remaining term (yrs)24.324.330.0
Secondary amount$0$71,924$0
Funding fee$922$922$0
Note rate2.680%2.680%7.400%
Blended rate2.680%4.453%7.640%
1st payment$858.64$858.64$1,775.33
2nd payment$0.00$539.43$0.00
Taxes / mo$88.74$88.74$88.74
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,097.39$1,636.82$2,065.36
Cash to close$100,414$28,490$28,490