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$181,818$181,818$346,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$164,682$0
Funding fee$909$909$0
Note rate3.050%3.050%7.400%
Blended rate3.050%5.403%7.640%
1st payment$878.75$878.75$2,399.10
2nd payment$0.00$1,097.88$0.00
Taxes / mo$320.83$320.83$320.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,349.59$2,447.46$2,939.23
Cash to close$203,182$38,500$38,500