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$151,323$151,323$238,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$87,177$0
Funding fee$757$757$0
Note rate3.120%3.120%7.320%
Blended rate3.120%5.269%7.560%
1st payment$719.21$719.21$1,638.33
2nd payment$0.00$653.83$0.00
Taxes / mo$140.67$140.67$140.67
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$1,009.87$1,663.70$1,976.70
Cash to close$113,677$26,500$26,500