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$128,902$128,902$224,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$96,008$0
Funding fee$645$645$0
Note rate3.720%3.720%7.400%
Blended rate3.720%5.974%7.640%
1st payment$686.31$686.31$1,557.23
2nd payment$0.00$720.06$0.00
Taxes / mo$208.25$208.25$208.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.98
HOA / mo$235.00$235.00$235.00
Total monthly$1,279.56$1,999.62$2,195.46
Cash to close$120,998$24,990$24,990