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$133,267$133,267$268,650
Remaining term (yrs)19.819.830.0
Secondary amount$0$135,383$0
Funding fee$666$666$0
Note rate3.570%3.570%7.400%
Blended rate3.570%5.802%7.640%
1st payment$779.93$779.93$1,860.08
2nd payment$0.00$902.55$0.00
Taxes / mo$217.12$217.12$217.12
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.73
HOA / mo$0.00$0.00$0.00
Total monthly$1,147.05$2,049.60$2,280.93
Cash to close$165,233$29,850$29,850