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$194,824$194,824$395,910
Remaining term (yrs)20.120.130.0
Secondary amount$0$201,086$0
Funding fee$974$974$0
Note rate3.440%3.440%7.320%
Blended rate3.440%5.629%7.560%
1st payment$1,114.26$1,114.26$2,719.63
2nd payment$0.00$1,298.68$0.00
Taxes / mo$452.50$452.50$452.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,716.76$3,015.44$3,401.31
Cash to close$245,076$43,990$43,990