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$128,106$128,106$188,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$60,804$0
Funding fee$641$641$0
Note rate2.960%2.960%7.400%
Blended rate2.960%4.904%7.640%
1st payment$606.20$606.20$1,307.97
2nd payment$0.00$456.03$0.00
Taxes / mo$65.00$65.00$65.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$37.78
HOA / mo$0.00$0.00$0.00
Total monthly$821.20$1,277.23$1,560.76
Cash to close$81,794$20,990$20,990