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$181,222$181,222$341,910
Remaining term (yrs)20.920.930.0
Secondary amount$0$160,688$0
Funding fee$906$906$0
Note rate3.880%3.880%7.320%
Blended rate3.880%5.816%7.560%
1st payment$1,049.87$1,049.87$2,348.68
2nd payment$0.00$1,071.25$0.00
Taxes / mo$113.08$113.08$113.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,312.95$2,384.21$2,680.15
Cash to close$198,678$37,990$37,990