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$184,222$184,222$359,999
Remaining term (yrs)24.524.530.0
Secondary amount$0$175,777$0
Funding fee$921$921$0
Note rate3.080%3.080%7.320%
Blended rate3.080%5.482%7.560%
1st payment$889.20$889.20$2,472.94
2nd payment$0.00$1,171.85$0.00
Taxes / mo$109.00$109.00$109.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$244.00$244.00$244.00
Total monthly$1,392.20$2,564.05$3,047.94
Cash to close$215,777$40,000$40,000