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$183,278$183,278$269,100
Remaining term (yrs)22.822.830.0
Secondary amount$0$85,822$0
Funding fee$916$916$0
Note rate3.820%3.820%7.320%
Blended rate3.820%5.472%7.560%
1st payment$1,001.21$1,001.21$1,848.53
2nd payment$0.00$643.66$0.00
Taxes / mo$122.08$122.08$122.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$110.00$110.00$110.00
Total monthly$1,383.29$2,026.95$2,284.43
Cash to close$115,722$29,900$29,900