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$190,222$190,222$359,910
Remaining term (yrs)19.819.830.0
Secondary amount$0$169,688$0
Funding fee$951$951$0
Note rate3.640%3.640%7.400%
Blended rate3.640%5.696%7.640%
1st payment$1,120.13$1,120.13$2,491.94
2nd payment$0.00$1,131.25$0.00
Taxes / mo$333.25$333.25$333.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,603.38$2,734.63$3,047.18
Cash to close$209,678$39,990$39,990