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$191,541$191,541$289,800
Remaining term (yrs)22.522.530.0
Secondary amount$0$98,259$0
Funding fee$958$958$0
Note rate4.280%4.280%7.320%
Blended rate4.280%5.880%7.560%
1st payment$1,101.32$1,101.32$1,990.72
2nd payment$0.00$736.94$0.00
Taxes / mo$726.08$726.08$726.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.96
HOA / mo$0.00$0.00$0.00
Total monthly$1,977.40$2,714.35$2,924.77
Cash to close$130,459$32,200$32,200