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$76,863$76,863$143,010
Remaining term (yrs)24.024.030.0
Secondary amount$0$66,147$0
Funding fee$384$384$0
Note rate2.720%2.720%7.400%
Blended rate2.720%5.625%7.640%
1st payment$361.92$361.92$990.17
2nd payment$0.00$496.10$0.00
Taxes / mo$140.54$140.54$140.54
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$28.60
HOA / mo$215.00$215.00$215.00
Total monthly$867.46$1,363.56$1,524.32
Cash to close$82,037$15,890$15,890