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$67,904$67,904$143,910
Remaining term (yrs)20.120.130.0
Secondary amount$0$76,006$0
Funding fee$340$340$0
Note rate3.420%3.420%7.320%
Blended rate3.420%6.367%7.560%
1st payment$387.67$387.67$988.56
2nd payment$0.00$570.05$0.00
Taxes / mo$141.58$141.58$141.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$28.78
HOA / mo$0.00$0.00$0.00
Total monthly$679.24$1,249.29$1,308.92
Cash to close$91,996$15,990$15,990