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$149,543$149,543$292,410
Remaining term (yrs)24.324.330.0
Secondary amount$0$142,867$0
Funding fee$748$748$0
Note rate2.710%2.710%7.400%
Blended rate2.710%5.295%7.640%
1st payment$698.29$698.29$2,024.59
2nd payment$0.00$952.45$0.00
Taxes / mo$183.58$183.58$183.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,031.87$1,984.32$2,416.65
Cash to close$175,357$32,490$32,490