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$193,454$193,454$376,200
Remaining term (yrs)24.524.530.0
Secondary amount$0$182,746$0
Funding fee$967$967$0
Note rate3.180%3.180%7.400%
Blended rate3.180%5.521%7.640%
1st payment$943.88$943.88$2,604.73
2nd payment$0.00$1,218.31$0.00
Taxes / mo$185.75$185.75$185.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.24
HOA / mo$30.00$30.00$30.00
Total monthly$1,309.63$2,527.94$3,045.72
Cash to close$224,546$41,800$41,800