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$195,281$195,281$445,500
Remaining term (yrs)18.718.730.0
Secondary amount$0$250,219$0
Funding fee$976$976$0
Note rate3.180%3.180%7.240%
Blended rate3.180%5.747%7.480%
1st payment$1,149.61$1,149.61$3,036.07
2nd payment$0.00$1,616.00$0.00
Taxes / mo$142.21$142.21$142.21
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,458.48$3,074.48$3,434.05
Cash to close$299,719$49,500$49,500