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$65,242$65,242$180,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$114,758$0
Funding fee$326$326$0
Note rate3.010%3.010%7.400%
Blended rate3.010%6.191%7.640%
1st payment$307.67$307.67$1,246.28
2nd payment$0.00$765.06$0.00
Taxes / mo$61.58$61.58$61.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$36.00
HOA / mo$0.00$0.00$0.00
Total monthly$519.25$1,284.31$1,493.87
Cash to close$134,758$20,000$20,000