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$177,136$177,136$382,500
Remaining term (yrs)19.319.330.0
Secondary amount$0$205,364$0
Funding fee$886$886$0
Note rate3.930%3.930%7.400%
Blended rate3.930%5.981%7.640%
1st payment$1,088.02$1,088.02$2,648.35
2nd payment$0.00$1,326.31$0.00
Taxes / mo$354.17$354.17$354.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$195.00$195.00$195.00
Total monthly$1,787.19$3,113.50$3,424.02
Cash to close$247,864$42,500$42,500