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$130,250$130,250$269,100
Remaining term (yrs)22.822.830.0
Secondary amount$0$138,850$0
Funding fee$651$651$0
Note rate3.840%3.840%7.320%
Blended rate3.840%5.986%7.560%
1st payment$712.92$712.92$1,848.53
2nd payment$0.00$925.67$0.00
Taxes / mo$74.67$74.67$74.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$937.59$1,863.26$2,127.02
Cash to close$168,750$29,900$29,900