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$195,661$195,661$341,910
Remaining term (yrs)22.422.430.0
Secondary amount$0$146,249$0
Funding fee$978$978$0
Note rate4.460%4.460%7.400%
Blended rate4.460%5.974%7.640%
1st payment$1,149.33$1,149.33$2,367.32
2nd payment$0.00$975.00$0.00
Taxes / mo$116.83$116.83$116.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,416.16$2,391.16$2,702.53
Cash to close$184,239$37,990$37,990