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$180,424$180,424$341,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$161,486$0
Funding fee$902$902$0
Note rate3.560%3.560%7.400%
Blended rate3.560%5.657%7.640%
1st payment$898.02$898.02$2,367.32
2nd payment$0.00$1,076.57$0.00
Taxes / mo$316.58$316.58$316.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$310.00$310.00$310.00
Total monthly$1,674.60$2,751.17$3,212.28
Cash to close$199,476$37,990$37,990