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$150,784$150,784$292,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$141,716$0
Funding fee$754$754$0
Note rate2.670%2.670%7.320%
Blended rate2.670%5.252%7.560%
1st payment$701.02$701.02$2,009.27
2nd payment$0.00$944.77$0.00
Taxes / mo$461.17$461.17$461.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$8.92$8.92$8.92
Total monthly$1,321.11$2,265.88$2,687.86
Cash to close$174,216$32,500$32,500