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$129,685$129,685$184,410
Remaining term (yrs)23.723.730.0
Secondary amount$0$54,725$0
Funding fee$648$648$0
Note rate3.200%3.200%7.400%
Blended rate3.200%4.921%7.640%
1st payment$648.70$648.70$1,276.82
2nd payment$0.00$410.44$0.00
Taxes / mo$135.33$135.33$135.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$36.88
HOA / mo$20.83$20.83$20.83
Total monthly$954.86$1,365.30$1,619.86
Cash to close$75,215$20,490$20,490