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$164,060$164,060$204,750
Remaining term (yrs)25.525.530.0
Secondary amount$0$40,690$0
Funding fee$820$820$0
Note rate3.850%3.850%7.400%
Blended rate3.850%4.873%7.640%
1st payment$839.28$839.28$1,417.65
2nd payment$0.00$305.18$0.00
Taxes / mo$499.00$499.00$499.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.95
HOA / mo$0.00$0.00$0.00
Total monthly$1,488.28$1,793.46$2,107.60
Cash to close$63,440$22,750$22,750