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$185,744$185,744$256,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$70,756$0
Funding fee$929$929$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.489%7.640%
1st payment$870.93$870.93$1,775.95
2nd payment$0.00$530.67$0.00
Taxes / mo$237.50$237.50$237.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,258.43$1,789.10$2,214.75
Cash to close$99,256$28,500$28,500