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$128,448$128,448$148,410
Remaining term (yrs)25.125.130.0
Secondary amount$0$28,207$0
Funding fee$642$642$0
Note rate3.120%3.120%7.400%
Blended rate3.120%4.696%7.640%
1st payment$613.13$613.13$1,027.56
2nd payment$0.00$279.13$0.00
Taxes / mo$161.75$161.75$161.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$29.68
HOA / mo$0.00$0.00$0.00
Total monthly$924.88$1,204.01$1,368.99
Cash to close$36,452$8,245$16,490