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$184,873$184,873$238,410
Remaining term (yrs)23.023.030.0
Secondary amount$0$53,537$0
Funding fee$924$924$0
Note rate3.600%3.600%7.320%
Blended rate3.600%4.813%7.560%
1st payment$981.37$981.37$1,637.71
2nd payment$0.00$401.52$0.00
Taxes / mo$405.42$405.42$405.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,536.79$1,938.31$2,240.81
Cash to close$80,027$26,490$26,490