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$186,966$186,966$278,910
Remaining term (yrs)15.515.530.0
Secondary amount$0$91,944$0
Funding fee$935$935$0
Note rate4.130%4.130%7.320%
Blended rate4.130%5.735%7.560%
1st payment$1,352.35$1,352.35$1,915.92
2nd payment$0.00$689.58$0.00
Taxes / mo$258.25$258.25$258.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,760.60$2,450.18$2,379.95
Cash to close$122,934$30,990$30,990