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$180,102$180,102$337,410
Remaining term (yrs)21.021.030.0
Secondary amount$0$157,308$0
Funding fee$901$901$0
Note rate3.880%3.880%7.400%
Blended rate3.880%5.801%7.640%
1st payment$1,040.72$1,040.72$2,336.16
2nd payment$0.00$1,048.72$0.00
Taxes / mo$107.50$107.50$107.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,298.22$2,346.94$2,661.14
Cash to close$194,798$37,490$37,490