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$192,928$192,928$224,955
Remaining term (yrs)25.225.230.0
Secondary amount$0$32,027$0
Funding fee$965$965$0
Note rate3.070%3.070%7.320%
Blended rate3.070%3.914%7.560%
1st payment$913.86$913.86$1,545.28
2nd payment$0.00$240.20$0.00
Taxes / mo$571.50$571.50$571.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.99
HOA / mo$0.00$0.00$0.00
Total monthly$1,635.36$1,875.57$2,311.78
Cash to close$57,022$24,995$24,995