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$124,032$124,032$179,910
Remaining term (yrs)22.922.930.0
Secondary amount$0$55,878$0
Funding fee$620$620$0
Note rate3.770%3.770%7.320%
Blended rate3.770%5.394%7.560%
1st payment$672.70$672.70$1,235.86
2nd payment$0.00$419.08$0.00
Taxes / mo$298.16$298.16$298.16
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,120.86$1,539.95$1,720.00
Cash to close$75,868$19,990$19,990