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$191,191$191,191$260,910
Remaining term (yrs)22.822.830.0
Secondary amount$0$69,719$0
Funding fee$956$956$0
Note rate3.800%3.800%7.320%
Blended rate3.800%5.190%7.560%
1st payment$1,042.38$1,042.38$1,792.27
2nd payment$0.00$522.89$0.00
Taxes / mo$171.50$171.50$171.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.18
HOA / mo$302.00$302.00$302.00
Total monthly$1,665.88$2,188.78$2,467.95
Cash to close$98,709$28,990$28,990