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$122,980$122,980$260,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$137,120$0
Funding fee$615$615$0
Note rate2.710%2.710%7.320%
Blended rate2.710%5.499%7.560%
1st payment$575.64$575.64$1,786.71
2nd payment$0.00$914.13$0.00
Taxes / mo$240.83$240.83$240.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.02
HOA / mo$33.00$33.00$33.00
Total monthly$999.48$1,913.61$2,262.56
Cash to close$166,020$28,900$28,900