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$124,324$124,324$207,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$82,676$0
Funding fee$622$622$0
Note rate3.000%3.000%7.320%
Blended rate3.000%5.396%7.560%
1st payment$590.88$590.88$1,421.95
2nd payment$0.00$620.07$0.00
Taxes / mo$113.67$113.67$113.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.40
HOA / mo$0.00$0.00$0.00
Total monthly$854.55$1,474.62$1,727.01
Cash to close$105,676$23,000$23,000