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$119,409$119,409$202,410
Remaining term (yrs)24.624.630.0
Secondary amount$0$83,001$0
Funding fee$597$597$0
Note rate2.875%2.875%7.240%
Blended rate2.875%5.387%7.480%
1st payment$562.37$562.37$1,379.42
2nd payment$0.00$622.51$0.00
Taxes / mo$98.50$98.50$98.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.48
HOA / mo$0.00$0.00$0.00
Total monthly$810.87$1,433.39$1,668.40
Cash to close$105,491$22,490$22,490