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$141,523$141,523$265,500
Remaining term (yrs)23.523.530.0
Secondary amount$0$123,977$0
Funding fee$708$708$0
Note rate3.470%3.470%7.400%
Blended rate3.470%5.585%7.640%
1st payment$731.32$731.32$1,838.27
2nd payment$0.00$826.51$0.00
Taxes / mo$245.83$245.83$245.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$235.00$235.00$235.00
Total monthly$1,362.15$2,188.66$2,522.20
Cash to close$153,477$29,500$29,500