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$131,362$131,362$269,120
Remaining term (yrs)25.225.230.0
Secondary amount$0$137,757$0
Funding fee$657$657$0
Note rate2.750%2.750%7.400%
Blended rate2.750%5.437%7.640%
1st payment$600.45$600.45$1,863.33
2nd payment$0.00$918.38$0.00
Taxes / mo$140.25$140.25$140.25
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$890.70$1,809.08$2,207.41
Cash to close$167,660$29,902$29,902