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$133,054$133,054$256,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$123,446$0
Funding fee$665$665$0
Note rate3.640%3.640%7.320%
Blended rate3.640%5.738%7.560%
1st payment$704.31$704.31$1,761.98
2nd payment$0.00$822.97$0.00
Taxes / mo$215.17$215.17$215.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,069.47$1,892.44$2,178.44
Cash to close$151,946$28,500$28,500