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$104,326$104,326$184,500
Remaining term (yrs)19.919.930.0
Secondary amount$0$80,174$0
Funding fee$522$522$0
Note rate3.480%3.480%7.320%
Blended rate3.480%5.879%7.560%
1st payment$603.98$603.98$1,267.39
2nd payment$0.00$601.30$0.00
Taxes / mo$170.83$170.83$170.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$36.90
HOA / mo$0.00$0.00$0.00
Total monthly$924.81$1,526.12$1,625.12
Cash to close$100,674$20,500$20,500