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$147,410$147,410$179,100
Remaining term (yrs)22.922.930.0
Secondary amount$0$31,690$0
Funding fee$737$737$0
Note rate3.600%3.600%7.320%
Blended rate3.600%4.555%7.560%
1st payment$784.31$784.31$1,230.29
2nd payment$0.00$237.67$0.00
Taxes / mo$439.58$439.58$439.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$35.82
HOA / mo$100.00$100.00$100.00
Total monthly$1,473.90$1,711.57$1,955.70
Cash to close$51,590$19,900$19,900