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$96,302$96,302$206,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$109,798$0
Funding fee$482$482$0
Note rate3.450%3.450%7.320%
Blended rate3.450%5.874%7.560%
1st payment$497.76$497.76$1,415.76
2nd payment$0.00$731.98$0.00
Taxes / mo$183.08$183.08$183.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.22
HOA / mo$180.00$180.00$180.00
Total monthly$1,010.84$1,742.82$1,970.07
Cash to close$132,698$22,900$22,900