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$140,907$140,907$252,000
Remaining term (yrs)18.318.330.0
Secondary amount$0$111,093$0
Funding fee$705$705$0
Note rate3.860%3.860%7.400%
Blended rate3.860%5.685%7.640%
1st payment$891.82$891.82$1,744.80
2nd payment$0.00$740.62$0.00
Taxes / mo$771.14$771.14$771.14
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,812.96$2,553.58$2,716.34
Cash to close$139,093$28,000$28,000