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$152,182$152,182$269,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$117,728$0
Funding fee$761$761$0
Note rate2.250%2.250%7.320%
Blended rate2.250%4.758%7.560%
1st payment$682.55$682.55$1,854.09
2nd payment$0.00$784.86$0.00
Taxes / mo$98.25$98.25$98.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$185.00$185.00$185.00
Total monthly$1,115.80$1,900.66$2,341.33
Cash to close$147,718$29,990$29,990