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$171,899$171,899$297,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$125,101$0
Funding fee$859$859$0
Note rate3.150%3.150%7.320%
Blended rate3.150%5.193%7.560%
1st payment$857.40$857.40$2,040.18
2nd payment$0.00$834.01$0.00
Taxes / mo$526.45$526.45$526.45
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$123.00$123.00$123.00
Total monthly$1,656.85$2,490.86$2,899.04
Cash to close$158,101$33,000$33,000