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$121,953$121,953$242,999
Remaining term (yrs)23.823.830.0
Secondary amount$0$121,046$0
Funding fee$610$610$0
Note rate3.130%3.130%7.400%
Blended rate3.130%5.556%7.640%
1st payment$604.16$604.16$1,682.48
2nd payment$0.00$806.97$0.00
Taxes / mo$229.75$229.75$229.75
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$983.91$1,790.88$2,110.83
Cash to close$148,046$27,000$27,000