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$191,844$191,844$287,910
Remaining term (yrs)20.920.930.0
Secondary amount$0$96,066$0
Funding fee$959$959$0
Note rate4.600%4.600%7.400%
Blended rate4.600%6.068%7.640%
1st payment$1,188.64$1,188.64$1,993.43
2nd payment$0.00$720.49$0.00
Taxes / mo$217.42$217.42$217.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$27.00$27.00$27.00
Total monthly$1,583.05$2,303.55$2,445.43
Cash to close$128,056$31,990$31,990