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$193,214$193,214$422,910
Remaining term (yrs)19.619.630.0
Secondary amount$0$229,696$0
Funding fee$966$966$0
Note rate3.660%3.660%7.400%
Blended rate3.660%5.881%7.640%
1st payment$1,146.28$1,146.28$2,928.14
2nd payment$0.00$1,483.45$0.00
Taxes / mo$518.00$518.00$518.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$65.00$65.00$65.00
Total monthly$1,895.95$3,379.40$3,762.39
Cash to close$276,686$46,990$46,990