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$198,848$198,848$359,910
Remaining term (yrs)18.518.530.0
Secondary amount$0$161,062$0
Funding fee$994$994$0
Note rate3.770%3.770%7.320%
Blended rate3.770%5.663%7.560%
1st payment$1,237.74$1,237.74$2,472.33
2nd payment$0.00$1,073.75$0.00
Taxes / mo$150.25$150.25$150.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,537.99$2,611.74$2,844.56
Cash to close$201,052$39,990$39,990