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$125,442$125,442$314,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$189,468$0
Funding fee$627$627$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.933%7.640%
1st payment$587.97$587.97$2,180.37
2nd payment$0.00$1,263.12$0.00
Taxes / mo$69.97$69.97$69.97
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$807.94$2,071.06$2,463.32
Cash to close$224,458$34,990$34,990