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$152,999$152,999$224,799
Remaining term (yrs)24.024.030.0
Secondary amount$0$71,801$0
Funding fee$765$765$0
Note rate2.890%2.890%7.320%
Blended rate2.890%4.842%7.560%
1st payment$733.70$733.70$1,544.22
2nd payment$0.00$538.50$0.00
Taxes / mo$429.67$429.67$429.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.96
HOA / mo$0.00$0.00$0.00
Total monthly$1,313.37$1,851.87$2,168.84
Cash to close$96,778$24,978$24,978