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$188,940$188,940$317,250
Remaining term (yrs)21.621.630.0
Secondary amount$0$128,310$0
Funding fee$945$945$0
Note rate4.420%4.420%7.400%
Blended rate4.420%5.868%7.640%
1st payment$1,128.02$1,128.02$2,196.57
2nd payment$0.00$855.40$0.00
Taxes / mo$221.58$221.58$221.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.45
HOA / mo$37.00$37.00$37.00
Total monthly$1,536.60$2,392.00$2,668.61
Cash to close$163,560$35,250$35,250