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$133,885$133,885$269,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$136,025$0
Funding fee$669$669$0
Note rate3.470%3.470%7.400%
Blended rate3.470%5.753%7.640%
1st payment$693.43$693.43$1,868.80
2nd payment$0.00$906.83$0.00
Taxes / mo$115.25$115.25$115.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$958.68$1,865.51$2,188.03
Cash to close$166,015$29,990$29,990