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$185,087$185,087$245,700
Remaining term (yrs)23.323.330.0
Secondary amount$0$60,613$0
Funding fee$925$925$0
Note rate3.730%3.730%7.320%
Blended rate3.730%5.030%7.560%
1st payment$988.64$988.64$1,687.79
2nd payment$0.00$454.60$0.00
Taxes / mo$389.50$389.50$389.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.14
HOA / mo$0.00$0.00$0.00
Total monthly$1,528.14$1,982.74$2,276.43
Cash to close$87,913$27,300$27,300