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$161,724$161,724$238,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$76,776$0
Funding fee$809$809$0
Note rate3.690%3.690%7.320%
Blended rate3.690%5.399%7.560%
1st payment$864.27$864.27$1,638.33
2nd payment$0.00$575.82$0.00
Taxes / mo$600.50$600.50$600.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,614.77$2,190.59$2,436.53
Cash to close$103,276$26,500$26,500