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$104,677$104,677$194,400
Remaining term (yrs)14.414.430.0
Secondary amount$0$89,723$0
Funding fee$523$523$0
Note rate2.660%2.660%7.400%
Blended rate2.660%5.586%7.640%
1st payment$722.31$722.31$1,345.99
2nd payment$0.00$672.92$0.00
Taxes / mo$53.92$53.92$53.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$38.88
HOA / mo$0.00$0.00$0.00
Total monthly$926.23$1,599.15$1,588.78
Cash to close$111,323$21,600$21,600