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$189,722$189,722$382,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$192,778$0
Funding fee$949$949$0
Note rate3.700%3.700%7.400%
Blended rate3.700%5.867%7.640%
1st payment$1,012.62$1,012.62$2,648.35
2nd payment$0.00$1,285.18$0.00
Taxes / mo$84.83$84.83$84.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,247.46$2,532.64$2,959.69
Cash to close$235,278$42,500$42,500