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$185,622$185,622$215,996
Remaining term (yrs)25.325.330.0
Secondary amount$0$30,373$0
Funding fee$928$928$0
Note rate3.550%3.550%7.320%
Blended rate3.550%4.316%7.560%
1st payment$922.88$922.88$1,483.74
2nd payment$0.00$227.80$0.00
Taxes / mo$75.75$75.75$75.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.20
HOA / mo$245.00$245.00$245.00
Total monthly$1,393.63$1,621.43$1,997.69
Cash to close$54,373$24,000$24,000