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$133,848$133,848$238,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$104,652$0
Funding fee$669$669$0
Note rate3.110%3.110%7.400%
Blended rate3.110%5.256%7.640%
1st payment$635.45$635.45$1,651.33
2nd payment$0.00$697.68$0.00
Taxes / mo$135.00$135.00$135.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.70
HOA / mo$33.00$33.00$33.00
Total monthly$953.45$1,651.13$2,017.03
Cash to close$131,152$26,500$26,500