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$110,846$110,846$247,230
Remaining term (yrs)23.023.030.0
Secondary amount$0$136,384$0
Funding fee$554$554$0
Note rate3.640%3.640%7.320%
Blended rate3.640%6.045%7.560%
1st payment$590.77$590.77$1,698.30
2nd payment$0.00$909.23$0.00
Taxes / mo$80.17$80.17$80.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.45
HOA / mo$0.00$0.00$0.00
Total monthly$820.93$1,730.16$1,977.91
Cash to close$163,854$27,470$27,470