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$183,886$183,886$253,800
Remaining term (yrs)24.424.430.0
Secondary amount$0$69,914$0
Funding fee$919$919$0
Note rate2.250%2.250%7.320%
Blended rate2.250%4.109%7.560%
1st payment$814.18$814.18$1,743.43
2nd payment$0.00$524.36$0.00
Taxes / mo$263.42$263.42$263.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.76
HOA / mo$50.00$50.00$50.00
Total monthly$1,277.60$1,801.96$2,257.61
Cash to close$98,114$28,200$28,200