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$121,323$121,323$240,750
Remaining term (yrs)24.124.130.0
Secondary amount$0$119,427$0
Funding fee$607$607$0
Note rate2.780%2.780%7.320%
Blended rate2.780%5.369%7.560%
1st payment$573.58$573.58$1,653.79
2nd payment$0.00$796.18$0.00
Taxes / mo$222.92$222.92$222.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.15
HOA / mo$0.00$0.00$0.00
Total monthly$946.50$1,742.68$2,074.85
Cash to close$146,177$26,750$26,750