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$142,670$142,670$251,910
Remaining term (yrs)23.623.630.0
Secondary amount$0$109,240$0
Funding fee$713$713$0
Note rate3.310%3.310%7.320%
Blended rate3.310%5.344%7.560%
1st payment$723.54$723.54$1,730.45
2nd payment$0.00$728.27$0.00
Taxes / mo$157.08$157.08$157.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,030.62$1,758.89$2,087.91
Cash to close$137,230$27,990$27,990