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$145,188$145,188$287,955
Remaining term (yrs)20.920.930.0
Secondary amount$0$142,767$0
Funding fee$726$726$0
Note rate3.880%3.880%7.320%
Blended rate3.880%5.923%7.560%
1st payment$841.12$841.12$1,978.05
2nd payment$0.00$951.78$0.00
Taxes / mo$722.25$722.25$722.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.59
HOA / mo$0.00$0.00$0.00
Total monthly$1,713.37$2,665.14$2,907.89
Cash to close$174,762$31,995$31,995