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$88,840$88,840$197,910
Remaining term (yrs)20.020.030.0
Secondary amount$0$109,070$0
Funding fee$444$444$0
Note rate3.420%3.420%7.400%
Blended rate3.420%5.944%7.640%
1st payment$508.65$508.65$1,370.29
2nd payment$0.00$727.13$0.00
Taxes / mo$109.00$109.00$109.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.58
HOA / mo$0.00$0.00$0.00
Total monthly$767.65$1,494.78$1,668.87
Cash to close$131,060$21,990$21,990