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$191,628$191,628$364,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$172,872$0
Funding fee$958$958$0
Note rate3.560%3.560%7.400%
Blended rate3.560%5.666%7.640%
1st payment$953.78$953.78$2,523.72
2nd payment$0.00$1,152.48$0.00
Taxes / mo$157.17$157.17$157.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,260.94$2,413.42$2,903.79
Cash to close$213,372$40,500$40,500