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$180,993$180,993$315,000
Remaining term (yrs)23.123.130.0
Secondary amount$0$134,007$0
Funding fee$905$905$0
Note rate3.690%3.690%7.400%
Blended rate3.690%5.524%7.640%
1st payment$967.25$967.25$2,181.00
2nd payment$0.00$893.38$0.00
Taxes / mo$252.58$252.58$252.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,369.83$2,263.21$2,646.58
Cash to close$169,007$35,000$35,000