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$136,145$136,145$256,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$120,355$0
Funding fee$681$681$0
Note rate3.130%3.130%7.400%
Blended rate3.130%5.415%7.640%
1st payment$657.76$657.76$1,775.95
2nd payment$0.00$802.36$0.00
Taxes / mo$371.67$371.67$371.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,179.43$1,981.79$2,348.92
Cash to close$148,855$28,500$28,500