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$91,034$91,034$157,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$66,466$0
Funding fee$455$455$0
Note rate3.770%3.770%7.320%
Blended rate3.770%5.977%7.560%
1st payment$493.73$493.73$1,081.92
2nd payment$0.00$498.49$0.00
Taxes / mo$97.13$97.13$97.13
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$31.50
HOA / mo$387.00$387.00$387.00
Total monthly$1,127.86$1,626.35$1,747.54
Cash to close$83,966$17,500$17,500