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$168,193$168,193$269,910
Remaining term (yrs)23.023.030.0
Secondary amount$0$101,717$0
Funding fee$841$841$0
Note rate3.610%3.610%7.400%
Blended rate3.610%5.264%7.640%
1st payment$893.72$893.72$1,868.80
2nd payment$0.00$678.11$0.00
Taxes / mo$267.67$267.67$267.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,311.38$1,989.50$2,340.45
Cash to close$131,707$29,990$29,990