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$157,796$157,796$175,050
Remaining term (yrs)23.623.630.0
Secondary amount$0$26,979$0
Funding fee$789$789$0
Note rate3.450%3.450%7.400%
Blended rate3.450%4.680%7.640%
1st payment$811.89$811.89$1,212.01
2nd payment$0.00$266.98$0.00
Taxes / mo$88.67$88.67$88.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.01
HOA / mo$608.00$608.00$608.00
Total monthly$1,658.56$1,925.54$2,093.69
Cash to close$36,704$9,725$19,450