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$153,870$153,870$269,100
Remaining term (yrs)24.824.830.0
Secondary amount$0$115,230$0
Funding fee$769$769$0
Note rate2.930%2.930%7.400%
Blended rate2.930%5.101%7.640%
1st payment$725.72$725.72$1,863.19
2nd payment$0.00$768.20$0.00
Taxes / mo$218.33$218.33$218.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,094.06$1,862.26$2,285.35
Cash to close$145,130$29,900$29,900