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$192,959$192,959$269,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$76,141$0
Funding fee$965$965$0
Note rate2.750%2.750%7.320%
Blended rate2.750%4.518%7.560%
1st payment$909.32$909.32$1,848.53
2nd payment$0.00$571.05$0.00
Taxes / mo$249.17$249.17$249.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$334.00$334.00$334.00
Total monthly$1,642.48$2,213.54$2,635.52
Cash to close$106,041$29,900$29,900