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$136,274$136,274$238,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$102,226$0
Funding fee$681$681$0
Note rate2.990%2.990%7.320%
Blended rate2.990%5.137%7.560%
1st payment$648.43$648.43$1,638.33
2nd payment$0.00$681.51$0.00
Taxes / mo$348.58$348.58$348.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,147.01$1,828.52$2,184.61
Cash to close$128,726$26,500$26,500