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$133,726$133,726$228,600
Remaining term (yrs)23.923.930.0
Secondary amount$0$94,874$0
Funding fee$669$669$0
Note rate2.930%2.930%7.400%
Blended rate2.930%5.449%7.640%
1st payment$645.56$645.56$1,582.78
2nd payment$0.00$711.56$0.00
Taxes / mo$105.17$105.17$105.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.72
HOA / mo$70.00$70.00$70.00
Total monthly$970.73$1,682.28$1,953.67
Cash to close$120,274$25,400$25,400