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$184,963$184,963$251,999
Remaining term (yrs)23.323.330.0
Secondary amount$0$67,036$0
Funding fee$925$925$0
Note rate3.700%3.700%7.320%
Blended rate3.700%5.110%7.560%
1st payment$985.01$985.01$1,731.06
2nd payment$0.00$502.77$0.00
Taxes / mo$389.50$389.50$389.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,524.51$2,027.28$2,320.96
Cash to close$95,036$28,000$28,000