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$135,089$135,089$223,200
Remaining term (yrs)25.325.330.0
Secondary amount$0$88,111$0
Funding fee$675$675$0
Note rate3.110%3.110%7.400%
Blended rate3.110%5.435%7.640%
1st payment$641.34$641.34$1,545.39
2nd payment$0.00$660.83$0.00
Taxes / mo$23.92$23.92$23.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.64
HOA / mo$0.00$0.00$0.00
Total monthly$815.26$1,476.09$1,763.95
Cash to close$112,911$24,800$24,800