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$187,504$187,504$331,110
Remaining term (yrs)23.623.630.0
Secondary amount$0$143,606$0
Funding fee$938$938$0
Note rate3.300%3.300%7.400%
Blended rate3.300%5.338%7.640%
1st payment$949.92$949.92$2,292.54
2nd payment$0.00$957.37$0.00
Taxes / mo$111.67$111.67$111.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,211.59$2,168.96$2,620.43
Cash to close$180,396$36,790$36,790