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$110,087$110,087$202,410
Remaining term (yrs)24.024.030.0
Secondary amount$0$92,323$0
Funding fee$550$550$0
Note rate2.940%2.940%7.400%
Blended rate2.940%5.704%7.640%
1st payment$530.75$530.75$1,401.45
2nd payment$0.00$692.42$0.00
Taxes / mo$79.95$79.95$79.95
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.48
HOA / mo$0.00$0.00$0.00
Total monthly$760.70$1,453.12$1,671.88
Cash to close$114,813$22,490$22,490