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$183,172$183,172$306,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$122,828$0
Funding fee$916$916$0
Note rate3.260%3.260%7.320%
Blended rate3.260%5.163%7.560%
1st payment$922.00$922.00$2,102.01
2nd payment$0.00$818.85$0.00
Taxes / mo$218.75$218.75$218.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$142.00$142.00$142.00
Total monthly$1,432.75$2,251.60$2,673.96
Cash to close$156,828$34,000$34,000