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$180,722$180,722$305,910
Remaining term (yrs)22.022.030.0
Secondary amount$0$125,188$0
Funding fee$904$904$0
Note rate3.730%3.730%7.400%
Blended rate3.730%5.477%7.640%
1st payment$999.55$999.55$2,118.06
2nd payment$0.00$834.58$0.00
Taxes / mo$201.58$201.58$201.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,351.13$2,185.72$2,530.82
Cash to close$159,178$33,990$33,990