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$182,132$182,132$301,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$119,368$0
Funding fee$911$911$0
Note rate2.720%2.720%7.320%
Blended rate2.720%4.810%7.560%
1st payment$853.44$853.44$2,071.10
2nd payment$0.00$795.78$0.00
Taxes / mo$183.33$183.33$183.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,186.78$1,982.56$2,464.73
Cash to close$152,868$33,500$33,500