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$81,302$81,302$224,910
Remaining term (yrs)20.320.330.0
Secondary amount$0$143,608$0
Funding fee$407$407$0
Note rate2.360%2.360%7.400%
Blended rate2.360%5.961%7.640%
1st payment$418.51$418.51$1,557.23
2nd payment$0.00$957.39$0.00
Taxes / mo$200.75$200.75$200.75
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$769.25$1,726.64$1,952.96
Cash to close$168,598$24,990$24,990