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$108,365$108,365$220,500
Remaining term (yrs)8.38.330.0
Secondary amount$0$112,135$0
Funding fee$542$542$0
Note rate3.180%3.180%7.400%
Blended rate3.180%5.631%7.640%
1st payment$1,224.31$1,224.31$1,526.70
2nd payment$0.00$747.57$0.00
Taxes / mo$144.83$144.83$144.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.10
HOA / mo$540.00$540.00$540.00
Total monthly$2,059.15$2,806.71$2,405.63
Cash to close$136,635$24,500$24,500