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$177,216$177,216$269,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$92,694$0
Funding fee$886$886$0
Note rate2.680%2.680%7.400%
Blended rate2.680%4.850%7.640%
1st payment$824.81$824.81$1,868.80
2nd payment$0.00$695.20$0.00
Taxes / mo$249.92$249.92$249.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$360.00$360.00$360.00
Total monthly$1,584.72$2,279.93$2,682.70
Cash to close$122,684$29,990$29,990