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$96,858$96,858$170,100
Remaining term (yrs)19.419.430.0
Secondary amount$0$73,242$0
Funding fee$484$484$0
Note rate2.730%2.730%7.320%
Blended rate2.730%5.430%7.560%
1st payment$534.29$534.29$1,168.47
2nd payment$0.00$549.32$0.00
Taxes / mo$157.50$157.50$157.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$34.02
HOA / mo$0.00$0.00$0.00
Total monthly$841.79$1,391.10$1,509.99
Cash to close$92,142$18,900$18,900