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$147,671$147,671$269,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$122,239$0
Funding fee$738$738$0
Note rate3.170%3.170%7.320%
Blended rate3.170%5.357%7.560%
1st payment$719.73$719.73$1,854.09
2nd payment$0.00$814.93$0.00
Taxes / mo$156.00$156.00$156.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,025.73$1,840.65$2,214.08
Cash to close$152,229$29,990$29,990