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$124,927$124,927$242,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$117,173$0
Funding fee$625$625$0
Note rate3.280%3.280%7.320%
Blended rate3.280%5.564%7.560%
1st payment$630.13$630.13$1,663.06
2nd payment$0.00$781.15$0.00
Taxes / mo$475.00$475.00$475.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,255.13$2,036.28$2,336.48
Cash to close$144,073$26,900$26,900