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$104,223$104,223$179,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$75,687$0
Funding fee$521$521$0
Note rate2.930%2.930%7.320%
Blended rate2.930%5.484%7.560%
1st payment$491.57$491.57$1,235.86
2nd payment$0.00$567.65$0.00
Taxes / mo$166.58$166.58$166.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.98
HOA / mo$0.00$0.00$0.00
Total monthly$808.15$1,375.80$1,588.42
Cash to close$95,677$19,990$19,990