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$157,477$157,477$305,910
Remaining term (yrs)19.519.530.0
Secondary amount$0$148,433$0
Funding fee$787$787$0
Note rate3.710%3.710%7.400%
Blended rate3.710%5.792%7.640%
1st payment$941.04$941.04$2,118.06
2nd payment$0.00$989.55$0.00
Taxes / mo$225.75$225.75$225.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$35.00$35.00$35.00
Total monthly$1,351.79$2,341.34$2,589.99
Cash to close$182,423$33,990$33,990