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$189,256$189,256$287,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$98,654$0
Funding fee$946$946$0
Note rate3.180%3.180%7.400%
Blended rate3.180%5.174%7.640%
1st payment$944.71$944.71$1,993.43
2nd payment$0.00$739.91$0.00
Taxes / mo$330.83$330.83$330.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$19.50$19.50$19.50
Total monthly$1,445.04$2,184.95$2,551.35
Cash to close$130,644$31,990$31,990