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$174,679$174,679$287,100
Remaining term (yrs)21.121.130.0
Secondary amount$0$112,421$0
Funding fee$873$873$0
Note rate3.830%3.830%7.320%
Blended rate3.830%5.463%7.560%
1st payment$1,002.21$1,002.21$1,972.18
2nd payment$0.00$749.47$0.00
Taxes / mo$77.00$77.00$77.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.42
HOA / mo$16.67$16.67$16.67
Total monthly$1,245.88$1,995.35$2,273.27
Cash to close$144,321$31,900$31,900