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$117,173$117,173$266,535
Remaining term (yrs)24.624.630.0
Secondary amount$0$149,362$0
Funding fee$586$586$0
Note rate2.730%2.730%7.400%
Blended rate2.730%5.683%7.640%
1st payment$543.13$543.13$1,845.43
2nd payment$0.00$995.75$0.00
Taxes / mo$195.92$195.92$195.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.31
HOA / mo$30.00$30.00$30.00
Total monthly$919.05$1,914.80$2,274.66
Cash to close$178,977$29,615$29,615