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$89,022$89,022$233,996
Remaining term (yrs)22.822.830.0
Secondary amount$0$144,974$0
Funding fee$445$445$0
Note rate3.750%3.750%7.320%
Blended rate3.750%6.383%7.560%
1st payment$482.97$482.97$1,607.39
2nd payment$0.00$966.49$0.00
Taxes / mo$166.92$166.92$166.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$799.89$1,766.38$1,971.10
Cash to close$170,973$26,000$26,000