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$149,904$149,904$296,910
Remaining term (yrs)23.523.530.0
Secondary amount$0$147,006$0
Funding fee$750$750$0
Note rate3.180%3.180%7.320%
Blended rate3.180%5.566%7.560%
1st payment$751.80$751.80$2,039.57
2nd payment$0.00$980.04$0.00
Taxes / mo$299.75$299.75$299.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,201.55$2,181.59$2,548.70
Cash to close$179,996$32,990$32,990