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$150,348$150,348$269,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$119,562$0
Funding fee$752$752$0
Note rate2.960%2.960%7.400%
Blended rate2.960%5.193%7.640%
1st payment$713.06$713.06$1,868.80
2nd payment$0.00$797.08$0.00
Taxes / mo$82.25$82.25$82.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$945.31$1,742.39$2,155.03
Cash to close$149,552$29,990$29,990