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$154,335$154,335$265,455
Remaining term (yrs)24.924.930.0
Secondary amount$0$111,120$0
Funding fee$772$772$0
Note rate2.880%2.880%7.400%
Blended rate2.880%5.023%7.640%
1st payment$722.28$722.28$1,837.96
2nd payment$0.00$740.80$0.00
Taxes / mo$692.68$692.68$692.68
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.09
HOA / mo$0.00$0.00$0.00
Total monthly$1,564.96$2,305.76$2,733.73
Cash to close$140,615$29,495$29,495