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$130,156$130,156$198,896
Remaining term (yrs)16.616.630.0
Secondary amount$0$68,739$0
Funding fee$651$651$0
Note rate3.450%3.450%7.320%
Blended rate3.450%5.368%7.560%
1st payment$853.47$853.47$1,366.27
2nd payment$0.00$515.54$0.00
Taxes / mo$99.42$99.42$99.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,102.89$1,618.43$1,655.47
Cash to close$90,839$22,100$22,100