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$64,106$64,106$94,499
Remaining term (yrs)24.524.530.0
Secondary amount$0$30,393$0
Funding fee$321$321$0
Note rate3.090%3.090%7.320%
Blended rate3.090%4.991%7.560%
1st payment$309.76$309.76$649.14
2nd payment$0.00$227.95$0.00
Taxes / mo$31.75$31.75$31.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$18.90
HOA / mo$0.00$0.00$0.00
Total monthly$491.51$719.46$849.79
Cash to close$40,893$10,500$10,500