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$121,675$121,675$202,050
Remaining term (yrs)20.920.930.0
Secondary amount$0$80,375$0
Funding fee$608$608$0
Note rate3.970%3.970%7.400%
Blended rate3.970%5.971%7.640%
1st payment$712.51$712.51$1,398.95
2nd payment$0.00$602.81$0.00
Taxes / mo$299.67$299.67$299.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.41
HOA / mo$0.00$0.00$0.00
Total monthly$1,162.18$1,764.99$1,889.03
Cash to close$102,825$22,450$22,450