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$72,976$72,976$125,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$52,934$0
Funding fee$365$365$0
Note rate2.770%2.770%7.320%
Blended rate2.770%5.389%7.560%
1st payment$343.81$343.81$864.91
2nd payment$0.00$397.00$0.00
Taxes / mo$74.28$74.28$74.28
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$25.18
HOA / mo$80.00$80.00$80.00
Total monthly$648.09$1,045.10$1,194.38
Cash to close$66,924$13,990$13,990