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$160,241$160,241$234,000
Remaining term (yrs)23.123.130.0
Secondary amount$0$73,759$0
Funding fee$801$801$0
Note rate3.690%3.690%7.400%
Blended rate3.690%5.364%7.640%
1st payment$856.34$856.34$1,620.17
2nd payment$0.00$553.19$0.00
Taxes / mo$67.42$67.42$67.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,073.76$1,626.95$1,884.39
Cash to close$99,759$26,000$26,000