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$195,565$195,565$391,500
Remaining term (yrs)20.220.230.0
Secondary amount$0$195,935$0
Funding fee$978$978$0
Note rate3.940%3.940%7.400%
Blended rate3.940%5.972%7.640%
1st payment$1,166.21$1,166.21$2,710.67
2nd payment$0.00$1,306.24$0.00
Taxes / mo$207.08$207.08$207.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$10.42$10.42$10.42
Total monthly$1,533.71$2,839.95$3,156.47
Cash to close$239,435$43,500$43,500