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$91,123$91,123$214,200
Remaining term (yrs)24.224.230.0
Secondary amount$0$123,077$0
Funding fee$456$456$0
Note rate2.720%2.720%7.400%
Blended rate2.720%5.754%7.640%
1st payment$426.99$426.99$1,483.08
2nd payment$0.00$820.52$0.00
Taxes / mo$198.33$198.33$198.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.84
HOA / mo$0.00$0.00$0.00
Total monthly$775.32$1,595.84$1,874.25
Cash to close$146,877$23,800$23,800