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$62,304$62,304$190,800
Remaining term (yrs)7.67.630.0
Secondary amount$0$128,496$0
Funding fee$312$312$0
Note rate3.720%3.720%7.400%
Blended rate3.720%6.602%7.640%
1st payment$772.17$772.17$1,321.06
2nd payment$0.00$856.64$0.00
Taxes / mo$72.42$72.42$72.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$38.16
HOA / mo$0.00$0.00$0.00
Total monthly$994.59$1,851.23$1,581.64
Cash to close$149,696$21,200$21,200