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$123,837$123,837$223,650
Remaining term (yrs)23.623.630.0
Secondary amount$0$99,813$0
Funding fee$619$619$0
Note rate3.310%3.310%7.320%
Blended rate3.310%5.849%7.560%
1st payment$628.03$628.03$1,536.32
2nd payment$0.00$748.60$0.00
Taxes / mo$207.08$207.08$207.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.73
HOA / mo$0.00$0.00$0.00
Total monthly$985.11$1,733.71$1,938.13
Cash to close$124,663$24,850$24,850