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$187,377$187,377$458,955
Remaining term (yrs)20.720.730.0
Secondary amount$0$271,578$0
Funding fee$937$937$0
Note rate3.890%3.890%7.400%
Blended rate3.890%6.174%7.640%
1st payment$1,094.94$1,094.94$3,177.71
2nd payment$0.00$1,753.94$0.00
Taxes / mo$198.67$198.67$198.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.79
HOA / mo$230.00$230.00$230.00
Total monthly$1,690.28$3,444.22$3,864.84
Cash to close$322,573$50,995$50,995