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$138,835$138,835$269,999
Remaining term (yrs)24.924.930.0
Secondary amount$0$131,164$0
Funding fee$694$694$0
Note rate2.870%2.870%7.320%
Blended rate2.870%5.362%7.560%
1st payment$647.55$647.55$1,854.71
2nd payment$0.00$874.42$0.00
Taxes / mo$172.17$172.17$172.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$969.72$1,844.14$2,230.87
Cash to close$161,164$30,000$30,000