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$155,632$155,632$292,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$136,868$0
Funding fee$778$778$0
Note rate3.500%3.500%7.320%
Blended rate3.500%5.606%7.560%
1st payment$821.75$821.75$2,009.27
2nd payment$0.00$912.46$0.00
Taxes / mo$270.83$270.83$270.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$429.00$429.00$429.00
Total monthly$1,671.59$2,584.04$2,917.61
Cash to close$169,368$32,500$32,500