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$141,741$141,741$179,100
Remaining term (yrs)25.025.030.0
Secondary amount$0$37,359$0
Funding fee$709$709$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.172%7.640%
1st payment$661.81$661.81$1,240.05
2nd payment$0.00$280.19$0.00
Taxes / mo$88.00$88.00$88.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.82
HOA / mo$0.00$0.00$0.00
Total monthly$899.81$1,180.00$1,513.87
Cash to close$57,259$19,900$19,900