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$134,206$134,206$224,910
Remaining term (yrs)21.321.330.0
Secondary amount$0$90,704$0
Funding fee$671$671$0
Note rate3.100%3.100%7.400%
Blended rate3.100%5.479%7.640%
1st payment$715.24$715.24$1,557.23
2nd payment$0.00$680.28$0.00
Taxes / mo$382.50$382.50$382.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,247.74$1,928.02$2,134.71
Cash to close$115,694$24,990$24,990