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$117,792$117,792$247,050
Remaining term (yrs)19.719.730.0
Secondary amount$0$129,258$0
Funding fee$589$589$0
Note rate3.640%3.640%7.400%
Blended rate3.640%5.921%7.640%
1st payment$695.61$695.61$1,710.52
2nd payment$0.00$861.72$0.00
Taxes / mo$187.50$187.50$187.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.41
HOA / mo$0.00$0.00$0.00
Total monthly$1,033.11$1,894.83$2,097.43
Cash to close$156,708$27,450$27,450