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$114,360$114,360$242,999
Remaining term (yrs)19.419.430.0
Secondary amount$0$128,639$0
Funding fee$572$572$0
Note rate3.920%3.920%7.320%
Blended rate3.920%6.080%7.560%
1st payment$699.84$699.84$1,669.24
2nd payment$0.00$857.59$0.00
Taxes / mo$179.08$179.08$179.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,028.92$1,886.51$2,046.92
Cash to close$155,639$27,000$27,000