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$88,829$88,829$125,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$37,081$0
Funding fee$444$444$0
Note rate2.680%2.680%7.400%
Blended rate2.680%4.541%7.640%
1st payment$413.43$413.43$871.78
2nd payment$0.00$278.11$0.00
Taxes / mo$87.42$87.42$87.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$25.18
HOA / mo$0.00$0.00$0.00
Total monthly$650.85$928.96$1,134.37
Cash to close$51,071$13,990$13,990