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$125,355$125,355$143,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$26,550$0
Funding fee$627$627$0
Note rate2.870%2.870%7.320%
Blended rate2.870%4.444%7.560%
1st payment$584.68$584.68$988.56
2nd payment$0.00$262.73$0.00
Taxes / mo$169.50$169.50$169.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$28.78
HOA / mo$0.00$0.00$0.00
Total monthly$904.18$1,166.91$1,336.84
Cash to close$34,545$7,995$15,990