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$143,454$143,454$252,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$108,546$0
Funding fee$717$717$0
Note rate2.810%2.810%7.320%
Blended rate2.810%5.046%7.560%
1st payment$673.98$673.98$1,731.07
2nd payment$0.00$723.64$0.00
Taxes / mo$204.00$204.00$204.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$240.00$240.00$240.00
Total monthly$1,267.98$1,991.62$2,375.47
Cash to close$136,546$28,000$28,000