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$178,673$178,673$198,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$30,327$0
Funding fee$893$893$0
Note rate3.550%3.550%7.400%
Blended rate3.550%4.758%7.640%
1st payment$890.13$890.13$1,370.91
2nd payment$0.00$300.11$0.00
Taxes / mo$136.83$136.83$136.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$39.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,176.96$1,477.07$1,697.35
Cash to close$41,327$11,000$22,000