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$146,202$146,202$269,066
Remaining term (yrs)24.724.730.0
Secondary amount$0$122,864$0
Funding fee$731$731$0
Note rate2.900%2.900%7.320%
Blended rate2.900%5.229%7.560%
1st payment$688.86$688.86$1,848.30
2nd payment$0.00$819.09$0.00
Taxes / mo$374.58$374.58$374.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.81
HOA / mo$0.00$0.00$0.00
Total monthly$1,213.44$2,032.54$2,426.69
Cash to close$152,760$29,896$29,896