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$101,909$101,909$216,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$114,091$0
Funding fee$510$510$0
Note rate3.300%3.300%7.320%
Blended rate3.300%5.783%7.560%
1st payment$516.29$516.29$1,483.77
2nd payment$0.00$760.60$0.00
Taxes / mo$55.33$55.33$55.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.20
HOA / mo$0.00$0.00$0.00
Total monthly$721.62$1,482.23$1,732.30
Cash to close$138,091$24,000$24,000