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$182,617$182,617$463,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$280,883$0
Funding fee$913$913$0
Note rate3.450%3.450%7.320%
Blended rate3.450%6.056%7.560%
1st payment$939.60$939.60$3,183.92
2nd payment$0.00$1,814.04$0.00
Taxes / mo$149.08$149.08$149.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,255.35$3,069.39$3,592.37
Cash to close$332,383$51,500$51,500