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$197,293$197,293$211,410
Remaining term (yrs)25.825.830.0
Secondary amount$0$25,862$0
Funding fee$986$986$0
Note rate5.810%5.810%7.400%
Blended rate5.810%6.513%7.640%
1st payment$1,228.84$1,228.84$1,463.76
2nd payment$0.00$255.92$0.00
Taxes / mo$305.83$305.83$305.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$42.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,684.67$1,940.59$1,961.88
Cash to close$37,607$11,745$23,490