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$99,790$99,790$230,400
Remaining term (yrs)24.524.530.0
Secondary amount$0$130,610$0
Funding fee$499$499$0
Note rate3.230%3.230%7.320%
Blended rate3.230%5.934%7.560%
1st payment$489.51$489.51$1,582.69
2nd payment$0.00$870.73$0.00
Taxes / mo$577.00$577.00$577.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.08
HOA / mo$0.00$0.00$0.00
Total monthly$1,216.51$2,087.24$2,355.77
Cash to close$156,210$25,600$25,600