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$194,869$194,869$296,100
Remaining term (yrs)22.822.830.0
Secondary amount$0$101,231$0
Funding fee$974$974$0
Note rate3.840%3.840%7.400%
Blended rate3.840%5.262%7.640%
1st payment$1,066.62$1,066.62$2,050.14
2nd payment$0.00$674.87$0.00
Taxes / mo$274.17$274.17$274.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.22
HOA / mo$79.00$79.00$79.00
Total monthly$1,569.78$2,244.66$2,612.52
Cash to close$134,131$32,900$32,900