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$141,883$141,883$211,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$69,617$0
Funding fee$709$709$0
Note rate3.230%3.230%7.400%
Blended rate3.230%5.129%7.640%
1st payment$711.94$711.94$1,464.38
2nd payment$0.00$522.13$0.00
Taxes / mo$142.75$142.75$142.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.30
HOA / mo$350.00$350.00$350.00
Total monthly$1,354.69$1,876.82$2,149.43
Cash to close$93,117$23,500$23,500