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$188,275$188,275$314,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$126,635$0
Funding fee$941$941$0
Note rate3.000%3.000%7.320%
Blended rate3.000%5.011%7.560%
1st payment$896.85$896.85$2,163.21
2nd payment$0.00$844.23$0.00
Taxes / mo$383.83$383.83$383.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,430.68$2,274.91$2,760.03
Cash to close$161,625$34,990$34,990