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$163,033$163,033$294,750
Remaining term (yrs)24.324.330.0
Secondary amount$0$131,717$0
Funding fee$815$815$0
Note rate2.800%2.800%7.320%
Blended rate2.800%5.124%7.560%
1st payment$766.94$766.94$2,024.73
2nd payment$0.00$878.11$0.00
Taxes / mo$135.00$135.00$135.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.95
HOA / mo$0.00$0.00$0.00
Total monthly$1,051.94$1,930.05$2,368.68
Cash to close$164,467$32,750$32,750