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$145,818$145,818$292,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$146,592$0
Funding fee$729$729$0
Note rate2.800%2.800%7.400%
Blended rate2.800%5.407%7.640%
1st payment$676.41$676.41$2,024.59
2nd payment$0.00$977.28$0.00
Taxes / mo$196.08$196.08$196.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,022.49$1,999.78$2,429.15
Cash to close$179,082$32,490$32,490