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$153,527$153,527$206,999
Remaining term (yrs)25.225.230.0
Secondary amount$0$53,472$0
Funding fee$768$768$0
Note rate3.110%3.110%7.320%
Blended rate3.110%4.632%7.560%
1st payment$730.45$730.45$1,421.94
2nd payment$0.00$401.04$0.00
Taxes / mo$121.00$121.00$121.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,001.45$1,402.49$1,734.34
Cash to close$76,472$23,000$23,000