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$130,846$130,846$208,800
Remaining term (yrs)24.324.330.0
Secondary amount$0$77,954$0
Funding fee$654$654$0
Note rate2.900%2.900%7.400%
Blended rate2.900%5.177%7.640%
1st payment$623.70$623.70$1,445.69
2nd payment$0.00$584.66$0.00
Taxes / mo$193.33$193.33$193.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.76
HOA / mo$7.08$7.08$7.08
Total monthly$974.11$1,558.77$1,837.86
Cash to close$101,154$23,200$23,200