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$180,853$180,853$283,499
Remaining term (yrs)24.424.430.0
Secondary amount$0$102,646$0
Funding fee$904$904$0
Note rate2.740%2.740%7.320%
Blended rate2.740%4.644%7.560%
1st payment$843.21$843.21$1,947.44
2nd payment$0.00$684.31$0.00
Taxes / mo$103.17$103.17$103.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$140.00$140.00$140.00
Total monthly$1,236.38$1,920.69$2,397.31
Cash to close$134,146$31,500$31,500