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$187,084$187,084$405,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$217,916$0
Funding fee$935$935$0
Note rate3.000%3.000%7.320%
Blended rate3.000%5.556%7.560%
1st payment$914.22$914.22$2,782.07
2nd payment$0.00$1,407.38$0.00
Taxes / mo$296.08$296.08$296.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$17.08$17.08$17.08
Total monthly$1,377.39$2,784.76$3,326.23
Cash to close$262,916$45,000$45,000