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$179,585$179,585$209,700
Remaining term (yrs)25.125.130.0
Secondary amount$0$30,115$0
Funding fee$898$898$0
Note rate2.900%2.900%7.320%
Blended rate2.900%3.776%7.560%
1st payment$836.62$836.62$1,440.49
2nd payment$0.00$225.86$0.00
Taxes / mo$232.08$232.08$232.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.94
HOA / mo$480.00$480.00$480.00
Total monthly$1,698.71$1,924.57$2,344.52
Cash to close$53,415$23,300$23,300