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$99,119$99,119$134,910
Remaining term (yrs)20.020.030.0
Secondary amount$0$35,791$0
Funding fee$496$496$0
Note rate3.010%3.010%7.320%
Blended rate3.010%4.599%7.560%
1st payment$546.89$546.89$926.74
2nd payment$0.00$268.43$0.00
Taxes / mo$139.50$139.50$139.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$26.98
HOA / mo$100.00$100.00$100.00
Total monthly$936.39$1,204.83$1,343.22
Cash to close$50,781$14,990$14,990