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$117,881$117,881$263,250
Remaining term (yrs)18.618.630.0
Secondary amount$0$145,369$0
Funding fee$589$589$0
Note rate3.650%3.650%7.320%
Blended rate3.650%6.052%7.560%
1st payment$724.25$724.25$1,808.34
2nd payment$0.00$969.13$0.00
Taxes / mo$243.75$243.75$243.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.65
HOA / mo$0.00$0.00$0.00
Total monthly$1,118.00$2,087.13$2,254.74
Cash to close$174,619$29,250$29,250