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$1,712$1,712$180,000
Remaining term (yrs)0.30.330.0
Secondary amount$0$178,288$0
Funding fee$9$9$0
Note rate3.210%3.210%7.400%
Blended rate3.210%7.954%7.640%
1st payment$345.07$345.07$1,246.28
2nd payment$0.00$1,188.59$0.00
Taxes / mo$102.50$102.50$102.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$36.00
HOA / mo$40.67$40.67$40.67
Total monthly$638.24$1,826.83$1,575.45
Cash to close$198,288$20,000$20,000