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$191,544$191,544$283,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$91,956$0
Funding fee$958$958$0
Note rate3.000%3.000%7.320%
Blended rate3.000%4.946%7.560%
1st payment$918.68$918.68$1,947.45
2nd payment$0.00$689.67$0.00
Taxes / mo$1.00$1.00$1.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$107.00$107.00$107.00
Total monthly$1,176.68$1,866.34$2,262.15
Cash to close$123,456$31,500$31,500