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$140,766$140,766$216,000
Remaining term (yrs)20.920.930.0
Secondary amount$0$75,234$0
Funding fee$704$704$0
Note rate3.900%3.900%7.320%
Blended rate3.900%5.676%7.560%
1st payment$819.08$819.08$1,483.77
2nd payment$0.00$564.26$0.00
Taxes / mo$77.75$77.75$77.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.20
HOA / mo$415.00$415.00$415.00
Total monthly$1,461.83$2,026.08$2,169.72
Cash to close$99,234$24,000$24,000