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$126,129$126,129$211,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$85,371$0
Funding fee$631$631$0
Note rate3.600%3.600%7.320%
Blended rate3.600%5.780%7.560%
1st payment$671.08$671.08$1,452.86
2nd payment$0.00$640.28$0.00
Taxes / mo$582.25$582.25$582.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.30
HOA / mo$16.67$16.67$16.67
Total monthly$1,420.00$2,060.29$2,244.08
Cash to close$108,871$23,500$23,500