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$178,977$178,977$314,955
Remaining term (yrs)20.020.030.0
Secondary amount$0$135,978$0
Funding fee$895$895$0
Note rate3.500%3.500%7.320%
Blended rate3.500%5.443%7.560%
1st payment$1,032.07$1,032.07$2,163.52
2nd payment$0.00$906.52$0.00
Taxes / mo$253.17$253.17$253.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.99
HOA / mo$0.00$0.00$0.00
Total monthly$1,435.24$2,341.76$2,629.68
Cash to close$170,973$34,995$34,995