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$153,721$153,721$260,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$107,189$0
Funding fee$769$769$0
Note rate3.640%3.640%7.400%
Blended rate3.640%5.431%7.640%
1st payment$811.87$811.87$1,806.49
2nd payment$0.00$714.59$0.00
Taxes / mo$174.08$174.08$174.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,135.96$1,850.55$2,182.75
Cash to close$136,179$28,990$28,990