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$137,187$137,187$238,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$101,313$0
Funding fee$686$686$0
Note rate3.330%3.330%7.320%
Blended rate3.330%5.314%7.560%
1st payment$697.17$697.17$1,638.33
2nd payment$0.00$675.42$0.00
Taxes / mo$552.42$552.42$552.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,399.59$2,075.01$2,388.45
Cash to close$127,813$26,500$26,500