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$156,833$156,833$202,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$45,667$0
Funding fee$784$784$0
Note rate3.330%3.330%7.320%
Blended rate3.330%4.609%7.560%
1st payment$797.01$797.01$1,391.03
2nd payment$0.00$342.50$0.00
Taxes / mo$60.58$60.58$60.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.50
HOA / mo$296.00$296.00$296.00
Total monthly$1,303.59$1,646.10$1,938.12
Cash to close$68,167$22,500$22,500