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$109,579$109,579$201,541
Remaining term (yrs)20.920.930.0
Secondary amount$0$91,962$0
Funding fee$548$548$0
Note rate3.860%3.860%7.400%
Blended rate3.860%6.205%7.640%
1st payment$633.66$633.66$1,395.43
2nd payment$0.00$689.71$0.00
Taxes / mo$78.49$78.49$78.49
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.31
HOA / mo$415.00$415.00$415.00
Total monthly$1,277.15$1,966.86$2,079.22
Cash to close$114,355$22,393$22,393