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$160,798$160,798$256,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$95,702$0
Funding fee$804$804$0
Note rate3.690%3.690%7.400%
Blended rate3.690%5.671%7.640%
1st payment$859.32$859.32$1,775.95
2nd payment$0.00$717.76$0.00
Taxes / mo$201.08$201.08$201.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$25.00$25.00$25.00
Total monthly$1,235.41$1,953.17$2,203.34
Cash to close$124,202$28,500$28,500