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$108,396$108,396$210,150
Remaining term (yrs)8.38.330.0
Secondary amount$0$101,754$0
Funding fee$542$542$0
Note rate3.190%3.190%7.400%
Blended rate3.190%5.519%7.640%
1st payment$1,225.16$1,225.16$1,455.04
2nd payment$0.00$678.36$0.00
Taxes / mo$144.83$144.83$144.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.03
HOA / mo$540.00$540.00$540.00
Total monthly$2,059.99$2,738.35$2,331.90
Cash to close$125,104$23,350$23,350