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$132,195$132,195$202,410
Remaining term (yrs)24.424.430.0
Secondary amount$0$70,215$0
Funding fee$661$661$0
Note rate3.130%3.130%7.320%
Blended rate3.130%5.166%7.560%
1st payment$642.97$642.97$1,390.42
2nd payment$0.00$526.62$0.00
Taxes / mo$187.42$187.42$187.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.48
HOA / mo$70.00$70.00$70.00
Total monthly$1,050.39$1,577.00$1,838.31
Cash to close$92,705$22,490$22,490