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$153,295$153,295$214,200
Remaining term (yrs)23.723.730.0
Secondary amount$0$60,905$0
Funding fee$766$766$0
Note rate3.180%3.180%7.400%
Blended rate3.180%4.835%7.640%
1st payment$765.21$765.21$1,483.08
2nd payment$0.00$456.79$0.00
Taxes / mo$218.66$218.66$218.66
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.84
HOA / mo$0.00$0.00$0.00
Total monthly$1,133.86$1,590.65$1,894.58
Cash to close$84,705$23,800$23,800