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$130,748$130,748$224,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$93,352$0
Funding fee$654$654$0
Note rate2.700%2.700%7.320%
Blended rate2.700%5.324%7.560%
1st payment$608.40$608.40$1,539.41
2nd payment$0.00$700.14$0.00
Taxes / mo$2.25$2.25$2.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.82
HOA / mo$0.00$0.00$0.00
Total monthly$760.65$1,460.78$1,736.48
Cash to close$118,252$24,900$24,900