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$163,819$163,819$220,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$56,681$0
Funding fee$819$819$0
Note rate3.750%3.750%7.320%
Blended rate3.750%5.100%7.560%
1st payment$886.73$886.73$1,514.68
2nd payment$0.00$425.11$0.00
Taxes / mo$159.75$159.75$159.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,196.48$1,621.59$1,868.53
Cash to close$81,181$24,500$24,500