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$173,342$173,342$229,410
Remaining term (yrs)24.424.430.0
Secondary amount$0$56,068$0
Funding fee$867$867$0
Note rate2.740%2.740%7.400%
Blended rate2.740%4.270%7.640%
1st payment$810.12$810.12$1,588.39
2nd payment$0.00$420.51$0.00
Taxes / mo$231.75$231.75$231.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.88
HOA / mo$10.00$10.00$10.00
Total monthly$1,201.87$1,622.38$2,026.02
Cash to close$81,558$25,490$25,490