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$146,123$146,123$193,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$47,377$0
Funding fee$731$731$0
Note rate3.090%3.090%7.400%
Blended rate3.090%4.537%7.640%
1st payment$693.69$693.69$1,339.75
2nd payment$0.00$355.32$0.00
Taxes / mo$179.17$179.17$179.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$38.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,022.86$1,378.18$1,707.62
Cash to close$68,877$21,500$21,500