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$150,656$150,656$283,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$132,844$0
Funding fee$753$753$0
Note rate3.010%3.010%7.320%
Blended rate3.010%5.348%7.560%
1st payment$738.75$738.75$1,947.45
2nd payment$0.00$885.62$0.00
Taxes / mo$769.83$769.83$769.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,658.58$2,544.21$2,923.98
Cash to close$164,344$31,500$31,500