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$177,381$177,381$269,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$91,719$0
Funding fee$887$887$0
Note rate2.650%2.650%7.320%
Blended rate2.650%4.814%7.560%
1st payment$813.06$813.06$1,848.53
2nd payment$0.00$687.89$0.00
Taxes / mo$128.92$128.92$128.92
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$1,091.98$1,779.87$2,181.27
Cash to close$121,619$29,900$29,900