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$184,875$184,875$395,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$211,035$0
Funding fee$924$924$0
Note rate3.100%3.100%7.320%
Blended rate3.100%5.579%7.560%
1st payment$876.72$876.72$2,719.63
2nd payment$0.00$1,362.94$0.00
Taxes / mo$202.75$202.75$202.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,229.47$2,592.41$3,151.56
Cash to close$255,025$43,990$43,990