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$139,695$139,695$261,000
Remaining term (yrs)21.321.330.0
Secondary amount$0$121,305$0
Funding fee$698$698$0
Note rate3.900%3.900%7.400%
Blended rate3.900%5.806%7.640%
1st payment$802.64$802.64$1,807.11
2nd payment$0.00$808.70$0.00
Taxes / mo$241.67$241.67$241.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.20
HOA / mo$11.67$11.67$11.67
Total monthly$1,205.97$2,014.67$2,262.65
Cash to close$150,305$29,000$29,000