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$188,607$188,607$296,910
Remaining term (yrs)21.521.530.0
Secondary amount$0$108,303$0
Funding fee$943$943$0
Note rate4.440%4.440%7.400%
Blended rate4.440%5.739%7.640%
1st payment$1,130.68$1,130.68$2,055.74
2nd payment$0.00$722.02$0.00
Taxes / mo$480.75$480.75$480.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.38
HOA / mo$5.83$5.83$5.83
Total monthly$1,767.26$2,489.28$2,751.71
Cash to close$141,293$32,990$32,990