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$133,412$133,412$256,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$123,088$0
Funding fee$667$667$0
Note rate3.750%3.750%7.400%
Blended rate3.750%5.789%7.640%
1st payment$722.14$722.14$1,775.95
2nd payment$0.00$820.59$0.00
Taxes / mo$237.50$237.50$237.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,109.64$1,930.23$2,214.75
Cash to close$151,588$28,500$28,500