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$181,710$181,710$328,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$146,790$0
Funding fee$909$909$0
Note rate3.650%3.650%7.400%
Blended rate3.650%5.594%7.640%
1st payment$960.67$960.67$2,274.47
2nd payment$0.00$978.60$0.00
Taxes / mo$200.00$200.00$200.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$60.00$60.00$60.00
Total monthly$1,370.67$2,349.26$2,750.17
Cash to close$183,290$36,500$36,500