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$189,589$189,589$296,910
Remaining term (yrs)23.223.230.0
Secondary amount$0$107,321$0
Funding fee$948$948$0
Note rate3.680%3.680%7.320%
Blended rate3.680%5.242%7.560%
1st payment$1,009.88$1,009.88$2,039.57
2nd payment$0.00$715.47$0.00
Taxes / mo$274.92$274.92$274.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,434.80$2,150.27$2,523.86
Cash to close$140,311$32,990$32,990