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$161,476$161,476$223,650
Remaining term (yrs)23.623.630.0
Secondary amount$0$62,174$0
Funding fee$807$807$0
Note rate3.200%3.200%7.320%
Blended rate3.200%4.812%7.560%
1st payment$809.62$809.62$1,536.32
2nd payment$0.00$466.30$0.00
Taxes / mo$207.08$207.08$207.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.73
HOA / mo$0.00$0.00$0.00
Total monthly$1,166.70$1,633.00$1,938.13
Cash to close$87,024$24,850$24,850