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$161,662$161,662$233,955
Remaining term (yrs)22.922.930.0
Secondary amount$0$72,293$0
Funding fee$808$808$0
Note rate3.750%3.750%7.320%
Blended rate3.750%5.372%7.560%
1st payment$875.06$875.06$1,607.11
2nd payment$0.00$542.20$0.00
Taxes / mo$560.67$560.67$560.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.79
HOA / mo$0.00$0.00$0.00
Total monthly$1,585.72$2,127.92$2,364.57
Cash to close$98,288$25,995$25,995