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$184,252$184,252$359,100
Remaining term (yrs)22.822.830.0
Secondary amount$0$174,848$0
Funding fee$921$921$0
Note rate3.000%3.000%7.400%
Blended rate3.000%5.435%7.640%
1st payment$927.31$927.31$2,486.34
2nd payment$0.00$1,165.65$0.00
Taxes / mo$118.75$118.75$118.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$20.00$20.00$20.00
Total monthly$1,216.06$2,381.71$2,846.91
Cash to close$214,748$39,900$39,900