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$130,383$130,383$224,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$93,717$0
Funding fee$652$652$0
Note rate2.710%2.710%7.320%
Blended rate2.710%5.340%7.560%
1st payment$608.82$608.82$1,539.41
2nd payment$0.00$702.88$0.00
Taxes / mo$156.92$156.92$156.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.82
HOA / mo$177.67$177.67$177.67
Total monthly$1,093.41$1,796.29$2,068.82
Cash to close$118,617$24,900$24,900