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$151,474$151,474$265,500
Remaining term (yrs)19.919.930.0
Secondary amount$0$114,026$0
Funding fee$757$757$0
Note rate3.430%3.430%7.400%
Blended rate3.430%5.393%7.640%
1st payment$873.05$873.05$1,838.27
2nd payment$0.00$760.18$0.00
Taxes / mo$245.83$245.83$245.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$13.33$13.33$13.33
Total monthly$1,282.21$2,042.39$2,300.53
Cash to close$143,526$29,500$29,500