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$76,680$76,680$220,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$143,820$0
Funding fee$383$383$0
Note rate2.870%2.870%7.400%
Blended rate2.870%6.216%7.640%
1st payment$357.65$357.65$1,526.70
2nd payment$0.00$958.80$0.00
Taxes / mo$161.67$161.67$161.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.10
HOA / mo$0.00$0.00$0.00
Total monthly$669.31$1,628.11$1,882.46
Cash to close$168,320$24,500$24,500