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$190,153$190,153$213,300
Remaining term (yrs)26.626.630.0
Secondary amount$0$34,997$0
Funding fee$951$951$0
Note rate6.430%6.430%7.400%
Blended rate6.430%7.276%7.640%
1st payment$1,242.39$1,242.39$1,476.85
2nd payment$0.00$346.32$0.00
Taxes / mo$197.50$197.50$197.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.66
HOA / mo$0.00$0.00$0.00
Total monthly$1,589.89$1,936.22$1,867.01
Cash to close$46,847$11,850$23,700