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$117,854$117,854$179,775
Remaining term (yrs)18.918.930.0
Secondary amount$0$61,921$0
Funding fee$589$589$0
Note rate2.910%2.910%7.320%
Blended rate2.910%5.008%7.560%
1st payment$671.31$671.31$1,234.93
2nd payment$0.00$464.41$0.00
Taxes / mo$162.33$162.33$162.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.96
HOA / mo$197.00$197.00$197.00
Total monthly$1,180.64$1,645.05$1,780.22
Cash to close$81,896$19,975$19,975