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$181,223$181,223$305,910
Remaining term (yrs)23.823.830.0
Secondary amount$0$124,687$0
Funding fee$906$906$0
Note rate3.310%3.310%7.320%
Blended rate3.310%5.222%7.560%
1st payment$914.84$914.84$2,101.39
2nd payment$0.00$831.25$0.00
Taxes / mo$259.67$259.67$259.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,324.50$2,155.75$2,572.24
Cash to close$158,677$33,990$33,990