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$130,531$130,531$191,700
Remaining term (yrs)23.623.630.0
Secondary amount$0$61,169$0
Funding fee$653$653$0
Note rate2.750%2.750%7.400%
Blended rate2.750%4.744%7.640%
1st payment$624.24$624.24$1,327.29
2nd payment$0.00$458.77$0.00
Taxes / mo$134.00$134.00$134.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$38.34
HOA / mo$335.00$335.00$335.00
Total monthly$1,243.24$1,702.01$1,984.63
Cash to close$82,469$21,300$21,300