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$153,263$153,263$232,200
Remaining term (yrs)23.123.130.0
Secondary amount$0$78,937$0
Funding fee$766$766$0
Note rate3.570%3.570%7.320%
Blended rate3.570%5.416%7.560%
1st payment$809.26$809.26$1,595.05
2nd payment$0.00$592.03$0.00
Taxes / mo$95.33$95.33$95.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.44
HOA / mo$0.00$0.00$0.00
Total monthly$1,054.59$1,646.62$1,886.83
Cash to close$104,737$25,800$25,800