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$179,691$179,691$278,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$98,409$0
Funding fee$898$898$0
Note rate3.180%3.180%7.400%
Blended rate3.180%5.239%7.640%
1st payment$874.79$874.79$1,925.51
2nd payment$0.00$738.07$0.00
Taxes / mo$257.50$257.50$257.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.62
HOA / mo$23.33$23.33$23.33
Total monthly$1,305.62$2,043.68$2,411.96
Cash to close$129,309$30,900$30,900