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$116,258$116,258$197,100
Remaining term (yrs)23.023.030.0
Secondary amount$0$80,842$0
Funding fee$581$581$0
Note rate3.000%3.000%7.320%
Blended rate3.000%5.461%7.560%
1st payment$580.72$580.72$1,353.94
2nd payment$0.00$606.32$0.00
Taxes / mo$189.08$189.08$189.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.42
HOA / mo$572.00$572.00$572.00
Total monthly$1,491.80$2,098.12$2,304.44
Cash to close$102,742$21,900$21,900