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$143,518$143,518$261,000
Remaining term (yrs)22.022.030.0
Secondary amount$0$117,482$0
Funding fee$718$718$0
Note rate3.650%3.650%7.400%
Blended rate3.650%5.608%7.640%
1st payment$787.70$787.70$1,807.11
2nd payment$0.00$783.21$0.00
Taxes / mo$201.75$201.75$201.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,139.45$1,922.66$2,211.06
Cash to close$146,482$29,000$29,000