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$88,172$88,172$112,410
Remaining term (yrs)24.524.530.0
Secondary amount$0$30,483$0
Funding fee$441$441$0
Note rate3.090%3.090%7.320%
Blended rate3.090%5.347%7.560%
1st payment$426.05$426.05$772.18
2nd payment$0.00$301.66$0.00
Taxes / mo$143.08$143.08$143.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$22.48
HOA / mo$0.00$0.00$0.00
Total monthly$719.13$1,020.79$1,087.74
Cash to close$36,728$6,245$12,490