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$153,051$153,051$184,499
Remaining term (yrs)25.225.230.0
Secondary amount$0$31,448$0
Funding fee$765$765$0
Note rate3.220%3.220%7.400%
Blended rate3.220%4.205%7.640%
1st payment$737.05$737.05$1,277.43
2nd payment$0.00$235.86$0.00
Taxes / mo$231.67$231.67$231.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$36.90
HOA / mo$190.00$190.00$190.00
Total monthly$1,308.72$1,544.58$1,886.00
Cash to close$51,948$20,500$20,500