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$186,753$186,753$297,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$110,247$0
Funding fee$934$934$0
Note rate3.000%3.000%7.320%
Blended rate3.000%4.856%7.560%
1st payment$916.99$916.99$2,040.18
2nd payment$0.00$734.98$0.00
Taxes / mo$275.00$275.00$275.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,341.99$2,076.97$2,524.58
Cash to close$143,247$33,000$33,000