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$139,618$139,618$235,800
Remaining term (yrs)21.421.430.0
Secondary amount$0$96,182$0
Funding fee$698$698$0
Note rate3.950%3.950%7.400%
Blended rate3.950%6.010%7.640%
1st payment$803.92$803.92$1,632.63
2nd payment$0.00$721.36$0.00
Taxes / mo$255.83$255.83$255.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.16
HOA / mo$359.00$359.00$359.00
Total monthly$1,568.76$2,290.12$2,444.62
Cash to close$122,382$26,200$26,200