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$186,758$186,758$278,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$91,342$0
Funding fee$934$934$0
Note rate3.550%3.550%7.320%
Blended rate3.550%5.340%7.560%
1st payment$928.53$928.53$1,910.35
2nd payment$0.00$685.06$0.00
Taxes / mo$177.33$177.33$177.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,255.87$1,940.93$2,293.31
Cash to close$122,242$30,900$30,900