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$176,989$176,989$297,000
Remaining term (yrs)21.821.830.0
Secondary amount$0$120,011$0
Funding fee$885$885$0
Note rate3.750%3.750%7.320%
Blended rate3.750%5.467%7.560%
1st payment$987.96$987.96$2,040.18
2nd payment$0.00$800.07$0.00
Taxes / mo$191.25$191.25$191.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,329.21$2,129.29$2,440.83
Cash to close$153,011$33,000$33,000