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$151,920$151,920$359,955
Remaining term (yrs)14.614.630.0
Secondary amount$0$208,035$0
Funding fee$760$760$0
Note rate2.840%2.840%7.400%
Blended rate2.840%5.678%7.640%
1st payment$1,051.59$1,051.59$2,492.26
2nd payment$0.00$1,343.56$0.00
Taxes / mo$869.33$869.33$869.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.99
HOA / mo$0.00$0.00$0.00
Total monthly$2,070.93$3,414.48$3,583.58
Cash to close$248,030$39,995$39,995