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$39,334$39,334$149,040
Remaining term (yrs)15.615.630.0
Secondary amount$0$109,706$0
Funding fee$197$197$0
Note rate3.910%3.910%7.400%
Blended rate3.910%6.921%7.640%
1st payment$279.06$279.06$1,031.92
2nd payment$0.00$731.37$0.00
Taxes / mo$208.64$208.64$208.64
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$29.81
HOA / mo$265.00$265.00$265.00
Total monthly$902.70$1,634.07$1,685.37
Cash to close$126,266$16,560$16,560