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$111,403$111,403$201,599
Remaining term (yrs)10.310.330.0
Secondary amount$0$90,196$0
Funding fee$557$557$0
Note rate2.800%2.800%7.320%
Blended rate2.800%5.574%7.560%
1st payment$1,021.51$1,021.51$1,384.85
2nd payment$0.00$676.47$0.00
Taxes / mo$41.33$41.33$41.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.32
HOA / mo$0.00$0.00$0.00
Total monthly$1,212.84$1,889.31$1,616.50
Cash to close$112,596$22,400$22,400