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$162,368$162,368$283,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$121,132$0
Funding fee$812$812$0
Note rate2.780%2.780%7.400%
Blended rate2.780%5.010%7.640%
1st payment$751.52$751.52$1,962.90
2nd payment$0.00$807.55$0.00
Taxes / mo$251.33$251.33$251.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,152.85$1,960.40$2,420.93
Cash to close$152,632$31,500$31,500