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$109,249$109,249$256,950
Remaining term (yrs)23.423.430.0
Secondary amount$0$147,701$0
Funding fee$546$546$0
Note rate3.600%3.600%7.320%
Blended rate3.600%6.129%7.560%
1st payment$574.66$574.66$1,765.07
2nd payment$0.00$984.67$0.00
Taxes / mo$237.92$237.92$237.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.39
HOA / mo$0.00$0.00$0.00
Total monthly$962.58$1,947.25$2,204.37
Cash to close$176,251$28,550$28,550