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$145,874$145,874$256,410
Remaining term (yrs)24.624.630.0
Secondary amount$0$110,536$0
Funding fee$729$729$0
Note rate3.060%3.060%7.400%
Blended rate3.060%5.190%7.640%
1st payment$701.00$701.00$1,775.33
2nd payment$0.00$736.91$0.00
Taxes / mo$290.00$290.00$290.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,141.00$1,877.91$2,266.61
Cash to close$139,026$28,490$28,490