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$112,521$112,521$251,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$139,389$0
Funding fee$563$563$0
Note rate2.710%2.710%7.400%
Blended rate2.710%5.637%7.640%
1st payment$525.41$525.41$1,744.17
2nd payment$0.00$929.26$0.00
Taxes / mo$146.25$146.25$146.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.38
HOA / mo$395.00$395.00$395.00
Total monthly$1,216.66$2,145.93$2,485.81
Cash to close$167,379$27,990$27,990