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$199,368$199,368$391,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$192,132$0
Funding fee$997$997$0
Note rate4.060%4.060%7.320%
Blended rate4.060%5.994%7.560%
1st payment$1,112.49$1,112.49$2,689.33
2nd payment$0.00$1,280.88$0.00
Taxes / mo$172.42$172.42$172.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,434.91$2,715.79$3,090.05
Cash to close$235,632$43,500$43,500