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$194,337$194,337$403,110
Remaining term (yrs)18.918.930.0
Secondary amount$0$208,773$0
Funding fee$972$972$0
Note rate3.940%3.940%7.320%
Blended rate3.940%5.913%7.560%
1st payment$1,208.60$1,208.60$2,769.09
2nd payment$0.00$1,348.33$0.00
Taxes / mo$261.33$261.33$261.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,619.94$2,968.27$3,261.04
Cash to close$253,563$44,790$44,790