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$161,538$161,538$274,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$112,962$0
Funding fee$808$808$0
Note rate3.180%3.180%7.320%
Blended rate3.180%5.164%7.560%
1st payment$788.16$788.16$1,885.62
2nd payment$0.00$753.08$0.00
Taxes / mo$254.17$254.17$254.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.90
HOA / mo$13.33$13.33$13.33
Total monthly$1,205.66$1,958.74$2,358.02
Cash to close$143,462$30,500$30,500