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$97,578$97,578$235,800
Remaining term (yrs)23.923.930.0
Secondary amount$0$138,222$0
Funding fee$488$488$0
Note rate2.880%2.880%7.400%
Blended rate2.880%5.881%7.640%
1st payment$468.55$468.55$1,632.63
2nd payment$0.00$921.48$0.00
Taxes / mo$465.00$465.00$465.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.16
HOA / mo$0.00$0.00$0.00
Total monthly$1,083.55$2,005.03$2,294.79
Cash to close$164,422$26,200$26,200