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$122,308$122,308$179,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$57,602$0
Funding fee$612$612$0
Note rate3.050%3.050%7.400%
Blended rate3.050%4.955%7.640%
1st payment$589.78$589.78$1,245.66
2nd payment$0.00$432.01$0.00
Taxes / mo$56.42$56.42$56.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.98
HOA / mo$0.00$0.00$0.00
Total monthly$796.20$1,228.21$1,488.06
Cash to close$77,592$19,990$19,990