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$196,681$196,681$319,500
Remaining term (yrs)21.821.830.0
Secondary amount$0$122,819$0
Funding fee$983$983$0
Note rate4.590%4.590%7.400%
Blended rate4.590%5.901%7.640%
1st payment$1,187.33$1,187.33$2,212.15
2nd payment$0.00$818.79$0.00
Taxes / mo$137.91$137.91$137.91
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.90
HOA / mo$200.00$200.00$200.00
Total monthly$1,675.25$2,494.04$2,763.97
Cash to close$158,319$35,500$35,500