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$178,763$178,763$206,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$27,337$0
Funding fee$894$894$0
Note rate3.690%3.690%7.400%
Blended rate3.690%4.394%7.640%
1st payment$900.59$900.59$1,426.99
2nd payment$0.00$205.02$0.00
Taxes / mo$320.17$320.17$320.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$41.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,370.75$1,575.78$1,938.38
Cash to close$50,237$22,900$22,900