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$88,846$88,846$211,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$122,654$0
Funding fee$444$444$0
Note rate2.710%2.710%7.320%
Blended rate2.710%5.778%7.560%
1st payment$414.87$414.87$1,452.86
2nd payment$0.00$817.69$0.00
Taxes / mo$310.50$310.50$310.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.30
HOA / mo$146.33$146.33$146.33
Total monthly$1,021.70$1,839.39$2,101.99
Cash to close$146,154$23,500$23,500