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$133,396$133,396$252,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$118,604$0
Funding fee$667$667$0
Note rate2.740%2.740%7.400%
Blended rate2.740%5.216%7.640%
1st payment$623.43$623.43$1,744.80
2nd payment$0.00$790.69$0.00
Taxes / mo$52.42$52.42$52.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$825.85$1,616.54$1,997.61
Cash to close$146,604$28,000$28,000