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$151,427$151,427$265,499
Remaining term (yrs)23.823.830.0
Secondary amount$0$114,072$0
Funding fee$757$757$0
Note rate3.150%3.150%7.400%
Blended rate3.150%5.234%7.640%
1st payment$751.75$751.75$1,838.26
2nd payment$0.00$760.48$0.00
Taxes / mo$183.42$183.42$183.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,085.17$1,845.65$2,224.78
Cash to close$143,572$29,500$29,500