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$138,854$138,854$265,050
Remaining term (yrs)23.923.930.0
Secondary amount$0$126,196$0
Funding fee$694$694$0
Note rate3.160%3.160%7.320%
Blended rate3.160%5.464%7.560%
1st payment$688.45$688.45$1,820.71
2nd payment$0.00$841.31$0.00
Taxes / mo$284.64$284.64$284.64
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.01
HOA / mo$0.00$0.00$0.00
Total monthly$1,123.09$1,964.40$2,308.36
Cash to close$155,646$29,450$29,450