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$193,746$193,746$238,500
Remaining term (yrs)29.329.330.0
Secondary amount$0$44,754$0
Funding fee$969$969$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.969%7.640%
1st payment$1,232.53$1,232.53$1,651.33
2nd payment$0.00$335.66$0.00
Taxes / mo$169.83$169.83$169.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.70
HOA / mo$345.00$345.00$345.00
Total monthly$1,897.37$2,233.02$2,363.86
Cash to close$71,254$26,500$26,500