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$151,310$151,310$201,600
Remaining term (yrs)23.723.730.0
Secondary amount$0$50,290$0
Funding fee$757$757$0
Note rate3.260%3.260%7.320%
Blended rate3.260%4.692%7.560%
1st payment$761.62$761.62$1,384.85
2nd payment$0.00$377.17$0.00
Taxes / mo$127.08$127.08$127.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.32
HOA / mo$22.92$22.92$22.92
Total monthly$1,061.63$1,438.80$1,725.18
Cash to close$72,690$22,400$22,400