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$194,298$194,298$220,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$26,202$0
Funding fee$971$971$0
Note rate5.230%5.230%7.400%
Blended rate5.230%5.678%7.640%
1st payment$1,143.91$1,143.91$1,526.70
2nd payment$0.00$196.51$0.00
Taxes / mo$61.13$61.13$61.13
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,355.05$1,551.56$1,781.93
Cash to close$50,702$24,500$24,500