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$151,175$151,175$260,550
Remaining term (yrs)21.021.030.0
Secondary amount$0$109,375$0
Funding fee$756$756$0
Note rate3.830%3.830%7.320%
Blended rate3.830%5.581%7.560%
1st payment$869.57$869.57$1,789.80
2nd payment$0.00$729.17$0.00
Taxes / mo$241.25$241.25$241.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.11
HOA / mo$0.00$0.00$0.00
Total monthly$1,260.82$1,989.99$2,233.16
Cash to close$138,325$28,950$28,950