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$144,005$144,005$269,999
Remaining term (yrs)18.518.530.0
Secondary amount$0$125,994$0
Funding fee$720$720$0
Note rate3.640%3.640%7.400%
Blended rate3.640%5.675%7.640%
1st payment$886.77$886.77$1,869.42
2nd payment$0.00$839.96$0.00
Taxes / mo$250.00$250.00$250.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$305.00$305.00$305.00
Total monthly$1,591.77$2,431.73$2,628.42
Cash to close$155,994$30,000$30,000