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$67,996$67,996$152,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$84,104$0
Funding fee$340$340$0
Note rate2.770%2.770%7.400%
Blended rate2.770%6.215%7.640%
1st payment$319.58$319.58$1,053.11
2nd payment$0.00$630.78$0.00
Taxes / mo$156.67$156.67$156.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$30.42
HOA / mo$0.00$0.00$0.00
Total monthly$626.25$1,257.03$1,390.20
Cash to close$101,004$16,900$16,900