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$192,452$192,452$269,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$76,648$0
Funding fee$962$962$0
Note rate3.170%3.170%7.320%
Blended rate3.170%4.831%7.560%
1st payment$935.90$935.90$1,848.53
2nd payment$0.00$574.86$0.00
Taxes / mo$158.47$158.47$158.47
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,244.37$1,819.23$2,210.82
Cash to close$106,548$29,900$29,900