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$179,604$179,604$251,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$72,306$0
Funding fee$898$898$0
Note rate3.650%3.650%7.400%
Blended rate3.650%5.186%7.640%
1st payment$949.53$949.53$1,744.17
2nd payment$0.00$542.29$0.00
Taxes / mo$256.08$256.08$256.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,355.61$1,897.91$2,200.64
Cash to close$100,296$27,990$27,990