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$189,170$189,170$343,800
Remaining term (yrs)21.721.730.0
Secondary amount$0$154,630$0
Funding fee$946$946$0
Note rate4.610%4.610%7.400%
Blended rate4.610%6.135%7.640%
1st payment$1,146.61$1,146.61$2,380.40
2nd payment$0.00$1,030.86$0.00
Taxes / mo$179.33$179.33$179.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.76
HOA / mo$10.42$10.42$10.42
Total monthly$1,486.37$2,517.23$2,788.92
Cash to close$192,830$38,200$38,200