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$189,361$189,361$314,550
Remaining term (yrs)23.923.930.0
Secondary amount$0$125,189$0
Funding fee$947$947$0
Note rate3.310%3.310%7.320%
Blended rate3.310%5.177%7.560%
1st payment$953.74$953.74$2,160.74
2nd payment$0.00$834.60$0.00
Taxes / mo$343.00$343.00$343.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.91
HOA / mo$55.00$55.00$55.00
Total monthly$1,501.74$2,336.34$2,771.65
Cash to close$160,139$34,950$34,950