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$181,272$181,272$296,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$115,638$0
Funding fee$906$906$0
Note rate2.870%2.870%7.320%
Blended rate2.870%4.868%7.560%
1st payment$845.48$845.48$2,039.57
2nd payment$0.00$770.92$0.00
Taxes / mo$274.92$274.92$274.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,270.40$2,041.32$2,523.86
Cash to close$148,628$32,990$32,990