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$127,882$127,882$220,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$92,528$0
Funding fee$639$639$0
Note rate2.870%2.870%7.400%
Blended rate2.870%5.443%7.640%
1st payment$596.46$596.46$1,526.07
2nd payment$0.00$693.96$0.00
Taxes / mo$93.92$93.92$93.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.08
HOA / mo$0.00$0.00$0.00
Total monthly$840.38$1,534.34$1,814.07
Cash to close$117,018$24,490$24,490