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$194,668$194,668$215,910
Remaining term (yrs)29.329.330.0
Secondary amount$0$33,237$0
Funding fee$973$973$0
Note rate6.210%6.210%7.400%
Blended rate6.210%7.036%7.640%
1st payment$1,201.71$1,201.71$1,494.92
2nd payment$0.00$328.91$0.00
Taxes / mo$98.00$98.00$98.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,449.71$1,778.62$1,786.10
Cash to close$45,232$11,995$23,990