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$125,897$125,897$247,410
Remaining term (yrs)24.424.430.0
Secondary amount$0$121,513$0
Funding fee$629$629$0
Note rate2.730%2.730%7.320%
Blended rate2.730%5.318%7.560%
1st payment$586.34$586.34$1,699.54
2nd payment$0.00$810.09$0.00
Taxes / mo$108.50$108.50$108.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.48
HOA / mo$0.00$0.00$0.00
Total monthly$844.84$1,654.93$2,007.52
Cash to close$149,003$27,490$27,490