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$126,228$126,228$179,550
Remaining term (yrs)24.724.730.0
Secondary amount$0$53,322$0
Funding fee$631$631$0
Note rate2.780%2.780%7.400%
Blended rate2.780%4.627%7.640%
1st payment$586.96$586.96$1,243.17
2nd payment$0.00$399.91$0.00
Taxes / mo$92.58$92.58$92.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.91
HOA / mo$0.00$0.00$0.00
Total monthly$829.54$1,229.46$1,521.66
Cash to close$73,272$19,950$19,950