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$118,337$118,337$179,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$60,763$0
Funding fee$592$592$0
Note rate3.470%3.470%7.320%
Blended rate3.470%5.346%7.560%
1st payment$612.90$612.90$1,230.29
2nd payment$0.00$455.72$0.00
Taxes / mo$68.79$68.79$68.79
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.82
HOA / mo$0.00$0.00$0.00
Total monthly$831.69$1,287.41$1,484.90
Cash to close$80,663$19,900$19,900