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$125,342$125,342$269,010
Remaining term (yrs)23.923.930.0
Secondary amount$0$143,668$0
Funding fee$627$627$0
Note rate2.980%2.980%7.320%
Blended rate2.980%5.661%7.560%
1st payment$609.76$609.76$1,847.91
2nd payment$0.00$957.78$0.00
Taxes / mo$112.67$112.67$112.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.80
HOA / mo$0.00$0.00$0.00
Total monthly$872.43$1,830.21$2,164.38
Cash to close$173,558$29,890$29,890