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$195,643$195,643$310,500
Remaining term (yrs)22.022.030.0
Secondary amount$0$114,857$0
Funding fee$978$978$0
Note rate4.650%4.650%7.400%
Blended rate4.650%5.889%7.640%
1st payment$1,179.86$1,179.86$2,149.84
2nd payment$0.00$765.71$0.00
Taxes / mo$305.42$305.42$305.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,635.28$2,400.99$2,667.36
Cash to close$149,357$34,500$34,500