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$180,261$180,261$422,910
Remaining term (yrs)18.518.530.0
Secondary amount$0$242,649$0
Funding fee$901$901$0
Note rate3.660%3.660%7.400%
Blended rate3.660%6.007%7.640%
1st payment$1,111.87$1,111.87$2,928.14
2nd payment$0.00$1,567.11$0.00
Taxes / mo$234.08$234.08$234.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,512.62$3,079.73$3,413.48
Cash to close$289,639$46,990$46,990