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$92,891$92,891$234,000
Remaining term (yrs)16.316.330.0
Secondary amount$0$141,109$0
Funding fee$464$464$0
Note rate3.370%3.370%7.320%
Blended rate3.370%6.162%7.560%
1st payment$614.57$614.57$1,607.42
2nd payment$0.00$940.73$0.00
Taxes / mo$216.67$216.67$216.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$981.24$1,921.97$2,020.88
Cash to close$167,109$26,000$26,000