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$150,463$150,463$285,300
Remaining term (yrs)20.920.930.0
Secondary amount$0$134,837$0
Funding fee$752$752$0
Note rate3.890%3.890%7.400%
Blended rate3.890%5.832%7.640%
1st payment$872.47$872.47$1,975.36
2nd payment$0.00$898.91$0.00
Taxes / mo$29.58$29.58$29.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.06
HOA / mo$0.00$0.00$0.00
Total monthly$1,052.05$1,950.97$2,212.00
Cash to close$166,537$31,700$31,700