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$192,707$192,707$288,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$95,293$0
Funding fee$964$964$0
Note rate3.070%3.070%7.400%
Blended rate3.070%5.032%7.640%
1st payment$948.68$948.68$1,994.05
2nd payment$0.00$714.70$0.00
Taxes / mo$102.67$102.67$102.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.60
HOA / mo$363.00$363.00$363.00
Total monthly$1,564.34$2,279.04$2,667.32
Cash to close$127,293$32,000$32,000