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$189,610$189,610$305,910
Remaining term (yrs)23.623.630.0
Secondary amount$0$116,300$0
Funding fee$948$948$0
Note rate3.330%3.330%7.400%
Blended rate3.330%5.105%7.640%
1st payment$963.58$963.58$2,118.06
2nd payment$0.00$775.33$0.00
Taxes / mo$283.25$283.25$283.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$8.33$8.33$8.33
Total monthly$1,405.16$2,180.49$2,620.82
Cash to close$150,290$33,990$33,990