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$181,248$181,248$360,000
Remaining term (yrs)19.919.930.0
Secondary amount$0$178,752$0
Funding fee$906$906$0
Note rate3.430%3.430%7.400%
Blended rate3.430%5.699%7.640%
1st payment$1,041.64$1,041.64$2,492.57
2nd payment$0.00$1,191.68$0.00
Taxes / mo$256.83$256.83$256.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,448.48$2,640.15$2,971.40
Cash to close$218,752$40,000$40,000