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$192,832$192,832$269,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$77,078$0
Funding fee$964$964$0
Note rate2.940%2.940%7.400%
Blended rate2.940%4.671%7.640%
1st payment$931.89$931.89$1,868.80
2nd payment$0.00$578.08$0.00
Taxes / mo$83.08$83.08$83.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,164.97$1,743.06$2,155.87
Cash to close$107,068$29,990$29,990