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$195,739$195,739$418,230
Remaining term (yrs)19.419.430.0
Secondary amount$0$222,491$0
Funding fee$979$979$0
Note rate3.810%3.810%7.320%
Blended rate3.810%5.906%7.560%
1st payment$1,186.62$1,186.62$2,872.95
2nd payment$0.00$1,436.92$0.00
Taxes / mo$213.92$213.92$213.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.65
HOA / mo$341.00$341.00$341.00
Total monthly$1,908.21$3,345.13$3,678.18
Cash to close$268,961$46,470$46,470