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$111,274$111,274$178,200
Remaining term (yrs)25.225.230.0
Secondary amount$0$66,926$0
Funding fee$556$556$0
Note rate3.120%3.120%7.320%
Blended rate3.120%5.328%7.560%
1st payment$530.00$530.00$1,224.11
2nd payment$0.00$501.95$0.00
Taxes / mo$108.25$108.25$108.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.64
HOA / mo$0.00$0.00$0.00
Total monthly$788.25$1,290.20$1,518.00
Cash to close$86,726$19,800$19,800