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$185,735$185,735$304,200
Remaining term (yrs)23.823.830.0
Secondary amount$0$118,465$0
Funding fee$929$929$0
Note rate3.180%3.180%7.400%
Blended rate3.180%5.057%7.640%
1st payment$924.97$924.97$2,106.22
2nd payment$0.00$789.77$0.00
Taxes / mo$281.67$281.67$281.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.84
HOA / mo$20.00$20.00$20.00
Total monthly$1,376.64$2,166.41$2,618.73
Cash to close$152,265$33,800$33,800