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$180,507$180,507$260,100
Remaining term (yrs)21.321.330.0
Secondary amount$0$79,593$0
Funding fee$903$903$0
Note rate3.990%3.990%7.400%
Blended rate3.990%5.523%7.640%
1st payment$1,045.78$1,045.78$1,800.88
2nd payment$0.00$596.94$0.00
Taxes / mo$268.42$268.42$268.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.02
HOA / mo$140.00$140.00$140.00
Total monthly$1,604.20$2,201.15$2,411.32
Cash to close$108,493$28,900$28,900