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$122,476$122,476$224,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$101,624$0
Funding fee$612$612$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.164%7.640%
1st payment$575.42$575.42$1,551.62
2nd payment$0.00$677.49$0.00
Taxes / mo$54.75$54.75$54.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.82
HOA / mo$0.00$0.00$0.00
Total monthly$780.17$1,457.66$1,801.19
Cash to close$126,524$24,900$24,900