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$136,088$136,088$185,850
Remaining term (yrs)23.923.930.0
Secondary amount$0$49,762$0
Funding fee$680$680$0
Note rate2.940%2.940%7.320%
Blended rate2.940%4.563%7.560%
1st payment$657.66$657.66$1,276.66
2nd payment$0.00$373.21$0.00
Taxes / mo$77.06$77.06$77.06
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$37.17
HOA / mo$12.50$12.50$12.50
Total monthly$897.22$1,270.44$1,553.39
Cash to close$70,412$20,650$20,650