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$189,043$189,043$345,600
Remaining term (yrs)18.418.430.0
Secondary amount$0$156,557$0
Funding fee$945$945$0
Note rate3.690%3.690%7.400%
Blended rate3.690%5.642%7.640%
1st payment$1,172.59$1,172.59$2,392.86
2nd payment$0.00$1,043.71$0.00
Taxes / mo$320.00$320.00$320.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.12
HOA / mo$78.00$78.00$78.00
Total monthly$1,720.59$2,764.31$3,009.98
Cash to close$194,957$38,400$38,400