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$189,033$189,033$314,100
Remaining term (yrs)23.123.130.0
Secondary amount$0$125,067$0
Funding fee$945$945$0
Note rate3.640%3.640%7.400%
Blended rate3.640%5.376%7.640%
1st payment$1,005.17$1,005.17$2,174.76
2nd payment$0.00$833.78$0.00
Taxes / mo$290.83$290.83$290.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$529.00$529.00$529.00
Total monthly$1,975.00$2,808.78$3,207.42
Cash to close$159,967$34,900$34,900