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$195,434$195,434$315,000
Remaining term (yrs)24.124.130.0
Secondary amount$0$119,566$0
Funding fee$977$977$0
Note rate2.870%2.870%7.320%
Blended rate2.870%4.817%7.560%
1st payment$932.96$932.96$2,163.83
2nd payment$0.00$797.11$0.00
Taxes / mo$291.67$291.67$291.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,374.63$2,171.74$2,668.50
Cash to close$154,566$35,000$35,000