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$178,922$178,922$359,910
Remaining term (yrs)8.38.330.0
Secondary amount$0$180,988$0
Funding fee$895$895$0
Note rate3.190%3.190%7.320%
Blended rate3.190%5.609%7.560%
1st payment$2,022.30$2,022.30$2,472.33
2nd payment$0.00$1,206.58$0.00
Taxes / mo$358.58$358.58$358.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,530.88$3,737.46$3,052.90
Cash to close$220,978$39,990$39,990