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$33,069$33,069$177,300
Remaining term (yrs)13.113.130.0
Secondary amount$0$144,231$0
Funding fee$165$165$0
Note rate3.500%3.500%7.320%
Blended rate3.500%7.161%7.560%
1st payment$260.22$260.22$1,217.93
2nd payment$0.00$961.54$0.00
Taxes / mo$61.58$61.58$61.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.46
HOA / mo$0.00$0.00$0.00
Total monthly$471.80$1,433.34$1,464.97
Cash to close$163,931$19,700$19,700