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$109,762$109,762$218,250
Remaining term (yrs)24.124.130.0
Secondary amount$0$108,488$0
Funding fee$549$549$0
Note rate2.890%2.890%7.320%
Blended rate2.890%5.430%7.560%
1st payment$525.11$525.11$1,499.23
2nd payment$0.00$723.25$0.00
Taxes / mo$38.39$38.39$38.39
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.65
HOA / mo$0.00$0.00$0.00
Total monthly$713.50$1,436.76$1,731.27
Cash to close$132,738$24,250$24,250