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$120,746$120,746$242,910
Remaining term (yrs)18.218.230.0
Secondary amount$0$122,164$0
Funding fee$604$604$0
Note rate3.930%3.930%7.320%
Blended rate3.930%5.977%7.560%
1st payment$770.97$770.97$1,668.62
2nd payment$0.00$814.42$0.00
Taxes / mo$224.92$224.92$224.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,145.89$1,960.31$2,092.12
Cash to close$149,154$26,990$26,990