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$132,775$132,775$238,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$105,725$0
Funding fee$664$664$0
Note rate3.020%3.020%7.400%
Blended rate3.020%5.228%7.640%
1st payment$648.66$648.66$1,651.33
2nd payment$0.00$704.83$0.00
Taxes / mo$220.83$220.83$220.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,019.50$1,724.33$2,069.86
Cash to close$132,225$26,500$26,500