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$120,457$120,457$215,910
Remaining term (yrs)23.223.230.0
Secondary amount$0$95,453$0
Funding fee$602$602$0
Note rate3.600%3.600%7.320%
Blended rate3.600%5.987%7.560%
1st payment$636.50$636.50$1,483.15
2nd payment$0.00$715.89$0.00
Taxes / mo$113.78$113.78$113.78
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.18
HOA / mo$18.33$18.33$18.33
Total monthly$918.62$1,634.51$1,808.45
Cash to close$119,443$23,990$23,990