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$185,906$185,906$260,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$75,004$0
Funding fee$930$930$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.589%7.640%
1st payment$879.66$879.66$1,806.49
2nd payment$0.00$562.53$0.00
Taxes / mo$179.67$179.67$179.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,209.32$1,771.86$2,188.34
Cash to close$103,994$28,990$28,990