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$121,977$121,977$193,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$71,523$0
Funding fee$610$610$0
Note rate2.360%2.360%7.320%
Blended rate2.360%4.814%7.560%
1st payment$542.64$542.64$1,329.21
2nd payment$0.00$536.42$0.00
Taxes / mo$121.92$121.92$121.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$38.70
HOA / mo$0.00$0.00$0.00
Total monthly$814.56$1,350.98$1,639.83
Cash to close$93,023$21,500$21,500