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$86,505$86,505$215,910
Remaining term (yrs)23.623.630.0
Secondary amount$0$129,405$0
Funding fee$433$433$0
Note rate3.330%3.330%7.400%
Blended rate3.330%6.129%7.640%
1st payment$439.61$439.61$1,494.92
2nd payment$0.00$862.70$0.00
Taxes / mo$103.33$103.33$103.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$692.94$1,555.64$1,791.43
Cash to close$153,395$23,990$23,990