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$185,782$185,782$306,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$120,218$0
Funding fee$929$929$0
Note rate3.070%3.070%7.400%
Blended rate3.070%5.007%7.640%
1st payment$914.59$914.59$2,118.68
2nd payment$0.00$801.45$0.00
Taxes / mo$47.67$47.67$47.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,112.25$1,913.71$2,377.55
Cash to close$154,218$34,000$34,000