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$197,722$197,722$233,908
Remaining term (yrs)25.525.530.0
Secondary amount$0$36,186$0
Funding fee$989$989$0
Note rate4.160%4.160%7.400%
Blended rate4.160%4.909%7.640%
1st payment$1,045.55$1,045.55$1,619.53
2nd payment$0.00$271.40$0.00
Taxes / mo$139.67$139.67$139.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,335.21$1,606.61$1,955.98
Cash to close$62,176$25,990$25,990