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$89,115$89,115$167,310
Remaining term (yrs)24.424.430.0
Secondary amount$0$78,195$0
Funding fee$446$446$0
Note rate2.670%2.670%7.400%
Blended rate2.670%5.628%7.640%
1st payment$413.31$413.31$1,158.42
2nd payment$0.00$586.47$0.00
Taxes / mo$154.92$154.92$154.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$33.46
HOA / mo$0.00$0.00$0.00
Total monthly$718.23$1,304.69$1,496.80
Cash to close$96,785$18,590$18,590