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$53,254$53,254$188,100
Remaining term (yrs)18.518.530.0
Secondary amount$0$134,846$0
Funding fee$266$266$0
Note rate3.770%3.770%7.320%
Blended rate3.770%6.802%7.560%
1st payment$331.48$331.48$1,292.12
2nd payment$0.00$898.97$0.00
Taxes / mo$147.67$147.67$147.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$37.62
HOA / mo$0.00$0.00$0.00
Total monthly$629.15$1,528.12$1,627.40
Cash to close$155,746$20,900$20,900