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$185,526$185,526$364,500
Remaining term (yrs)18.918.930.0
Secondary amount$0$178,974$0
Funding fee$928$928$0
Note rate3.980%3.980%7.400%
Blended rate3.980%5.954%7.640%
1st payment$1,161.07$1,161.07$2,523.72
2nd payment$0.00$1,193.16$0.00
Taxes / mo$230.92$230.92$230.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.90
HOA / mo$160.00$160.00$160.00
Total monthly$1,701.99$2,895.15$3,137.54
Cash to close$219,474$40,500$40,500