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$146,626$146,626$260,910
Remaining term (yrs)20.920.930.0
Secondary amount$0$114,284$0
Funding fee$733$733$0
Note rate3.920%3.920%7.400%
Blended rate3.920%5.707%7.640%
1st payment$854.73$854.73$1,806.49
2nd payment$0.00$761.89$0.00
Taxes / mo$62.50$62.50$62.50
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$1,067.23$1,829.12$2,071.17
Cash to close$143,274$28,990$28,990