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$146,319$146,319$260,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$113,781$0
Funding fee$732$732$0
Note rate2.870%2.870%7.320%
Blended rate2.870%5.114%7.560%
1st payment$700.17$700.17$1,786.71
2nd payment$0.00$758.54$0.00
Taxes / mo$126.92$126.92$126.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.02
HOA / mo$65.00$65.00$65.00
Total monthly$1,042.09$1,800.62$2,180.64
Cash to close$142,681$28,900$28,900