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$112,324$112,324$170,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$57,776$0
Funding fee$562$562$0
Note rate3.720%3.720%7.320%
Blended rate3.720%5.513%7.560%
1st payment$599.38$599.38$1,168.47
2nd payment$0.00$433.32$0.00
Taxes / mo$22.00$22.00$22.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$34.02
HOA / mo$50.00$50.00$50.00
Total monthly$821.38$1,254.70$1,424.49
Cash to close$76,676$18,900$18,900