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$185,687$185,687$413,910
Remaining term (yrs)19.719.730.0
Secondary amount$0$228,223$0
Funding fee$928$928$0
Note rate3.640%3.640%7.320%
Blended rate3.640%5.906%7.560%
1st payment$1,096.55$1,096.55$2,843.27
2nd payment$0.00$1,473.94$0.00
Taxes / mo$9.67$9.67$9.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,272.88$2,746.82$3,102.39
Cash to close$274,213$45,990$45,990