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$132,218$132,218$197,100
Remaining term (yrs)23.123.130.0
Secondary amount$0$64,882$0
Funding fee$661$661$0
Note rate3.690%3.690%7.400%
Blended rate3.690%5.438%7.640%
1st payment$706.59$706.59$1,364.68
2nd payment$0.00$486.62$0.00
Taxes / mo$13.67$13.67$13.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.42
HOA / mo$0.00$0.00$0.00
Total monthly$870.25$1,356.87$1,567.77
Cash to close$86,782$21,900$21,900