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$126,867$126,867$215,999
Remaining term (yrs)23.923.930.0
Secondary amount$0$89,132$0
Funding fee$634$634$0
Note rate2.960%2.960%7.320%
Blended rate2.960%5.452%7.560%
1st payment$614.41$614.41$1,483.76
2nd payment$0.00$668.49$0.00
Taxes / mo$281.92$281.92$281.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.20
HOA / mo$266.67$266.67$266.67
Total monthly$1,313.00$1,981.49$2,225.55
Cash to close$113,132$24,000$24,000