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$129,605$129,605$184,050
Remaining term (yrs)24.424.430.0
Secondary amount$0$54,445$0
Funding fee$648$648$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.641%7.640%
1st payment$608.91$608.91$1,274.33
2nd payment$0.00$408.34$0.00
Taxes / mo$170.42$170.42$170.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$36.81
HOA / mo$0.00$0.00$0.00
Total monthly$929.33$1,337.67$1,631.55
Cash to close$74,895$20,450$20,450