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$91,883$91,883$223,650
Remaining term (yrs)23.423.430.0
Secondary amount$0$131,767$0
Funding fee$459$459$0
Note rate3.730%3.730%7.400%
Blended rate3.730%6.246%7.640%
1st payment$489.70$489.70$1,548.51
2nd payment$0.00$878.45$0.00
Taxes / mo$115.92$115.92$115.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.73
HOA / mo$0.00$0.00$0.00
Total monthly$755.62$1,634.07$1,859.15
Cash to close$156,617$24,850$24,850