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$154,714$154,714$269,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$114,386$0
Funding fee$774$774$0
Note rate3.060%3.060%7.400%
Blended rate3.060%5.160%7.640%
1st payment$743.48$743.48$1,863.19
2nd payment$0.00$762.57$0.00
Taxes / mo$249.17$249.17$249.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,142.65$1,905.22$2,316.18
Cash to close$144,286$29,900$29,900