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$145,405$145,405$251,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$105,695$0
Funding fee$727$727$0
Note rate3.470%3.470%7.320%
Blended rate3.470%5.377%7.560%
1st payment$753.09$753.09$1,724.88
2nd payment$0.00$704.63$0.00
Taxes / mo$232.50$232.50$232.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.22
HOA / mo$33.33$33.33$33.33
Total monthly$1,168.92$1,873.55$2,190.93
Cash to close$133,595$27,900$27,900