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$199,095$199,095$315,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$115,905$0
Funding fee$995$995$0
Note rate3.150%3.150%7.400%
Blended rate3.150%4.935%7.640%
1st payment$988.39$988.39$2,181.00
2nd payment$0.00$772.70$0.00
Taxes / mo$291.67$291.67$291.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$25.00$25.00$25.00
Total monthly$1,455.06$2,227.76$2,710.66
Cash to close$150,905$35,000$35,000