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$186,696$186,696$305,100
Remaining term (yrs)25.325.330.0
Secondary amount$0$118,404$0
Funding fee$933$933$0
Note rate3.110%3.110%7.320%
Blended rate3.110%5.008%7.560%
1st payment$886.34$886.34$2,095.83
2nd payment$0.00$789.36$0.00
Taxes / mo$132.17$132.17$132.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.02
HOA / mo$43.00$43.00$43.00
Total monthly$1,211.51$2,000.87$2,482.01
Cash to close$152,304$33,900$33,900