Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$14,371$14,371$125,910
Remaining term (yrs)0.20.230.0
Secondary amount$0$111,539$0
Funding fee$72$72$0
Note rate2.310%2.310%7.400%
Blended rate2.310%7.351%7.640%
1st payment$3,610.02$3,610.02$871.78
2nd payment$0.00$743.59$0.00
Taxes / mo$208.15$208.15$208.15
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$25.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,968.17$4,711.77$1,255.11
Cash to close$125,529$13,990$13,990