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$187,803$187,803$328,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$140,697$0
Funding fee$939$939$0
Note rate3.090%3.090%7.400%
Blended rate3.090%5.193%7.640%
1st payment$907.47$907.47$2,274.47
2nd payment$0.00$937.98$0.00
Taxes / mo$97.00$97.00$97.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,154.47$2,092.45$2,587.17
Cash to close$177,197$36,500$36,500