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$186,227$186,227$296,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$110,683$0
Funding fee$931$931$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.695%7.640%
1st payment$865.26$865.26$2,055.74
2nd payment$0.00$737.89$0.00
Taxes / mo$133.83$133.83$133.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,149.10$1,886.99$2,398.96
Cash to close$143,673$32,990$32,990