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$192,844$192,844$355,500
Remaining term (yrs)20.120.130.0
Secondary amount$0$162,656$0
Funding fee$964$964$0
Note rate3.470%3.470%7.320%
Blended rate3.470%5.543%7.560%
1st payment$1,105.90$1,105.90$2,442.04
2nd payment$0.00$1,084.38$0.00
Taxes / mo$802.33$802.33$802.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$11.83$11.83$11.83
Total monthly$2,070.07$3,154.44$3,477.30
Cash to close$202,156$39,500$39,500