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$175,614$175,614$323,910
Remaining term (yrs)21.121.130.0
Secondary amount$0$148,296$0
Funding fee$878$878$0
Note rate3.900%3.900%7.320%
Blended rate3.900%5.777%7.560%
1st payment$1,014.09$1,014.09$2,225.04
2nd payment$0.00$988.64$0.00
Taxes / mo$222.00$222.00$222.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$108.00$108.00$108.00
Total monthly$1,494.09$2,482.73$2,769.82
Cash to close$184,286$35,990$35,990