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$151,105$151,105$224,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$73,805$0
Funding fee$756$756$0
Note rate2.700%2.700%7.400%
Blended rate2.700%4.767%7.640%
1st payment$703.12$703.12$1,557.23
2nd payment$0.00$553.54$0.00
Taxes / mo$168.92$168.92$168.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,022.04$1,575.57$1,921.13
Cash to close$98,795$24,990$24,990