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$183,004$183,004$274,500
Remaining term (yrs)22.722.730.0
Secondary amount$0$91,496$0
Funding fee$915$915$0
Note rate3.820%3.820%7.320%
Blended rate3.820%5.547%7.560%
1st payment$1,001.99$1,001.99$1,885.62
2nd payment$0.00$686.22$0.00
Taxes / mo$199.25$199.25$199.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,351.24$2,037.46$2,289.77
Cash to close$121,996$30,500$30,500