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$111,003$111,003$241,200
Remaining term (yrs)18.918.930.0
Secondary amount$0$130,197$0
Funding fee$555$555$0
Note rate3.930%3.930%7.400%
Blended rate3.930%6.127%7.640%
1st payment$689.76$689.76$1,670.02
2nd payment$0.00$867.98$0.00
Taxes / mo$223.33$223.33$223.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.24
HOA / mo$13.33$13.33$13.33
Total monthly$1,076.43$1,944.41$2,104.92
Cash to close$156,997$26,800$26,800