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$120,671$120,671$265,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$144,829$0
Funding fee$603$603$0
Note rate2.990%2.990%7.400%
Blended rate2.990%5.723%7.640%
1st payment$570.33$570.33$1,838.27
2nd payment$0.00$965.52$0.00
Taxes / mo$245.83$245.83$245.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$815.00$815.00$815.00
Total monthly$1,781.17$2,746.69$3,102.20
Cash to close$174,329$29,500$29,500