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$131,761$131,761$153,342
Remaining term (yrs)24.024.030.0
Secondary amount$0$30,100$0
Funding fee$659$659$0
Note rate2.890%2.890%7.400%
Blended rate2.890%4.561%7.640%
1st payment$631.86$631.86$1,061.71
2nd payment$0.00$297.86$0.00
Taxes / mo$218.75$218.75$218.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$30.67
HOA / mo$0.00$0.00$0.00
Total monthly$1,000.61$1,298.47$1,461.13
Cash to close$38,619$8,519$17,038