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$137,412$137,412$224,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$87,498$0
Funding fee$687$687$0
Note rate2.960%2.960%7.400%
Blended rate2.960%5.310%7.640%
1st payment$650.24$650.24$1,557.23
2nd payment$0.00$656.23$0.00
Taxes / mo$184.20$184.20$184.20
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$984.44$1,640.67$1,936.42
Cash to close$112,488$24,990$24,990