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$196,842$196,842$269,991
Remaining term (yrs)25.125.130.0
Secondary amount$0$73,149$0
Funding fee$984$984$0
Note rate3.140%3.140%7.320%
Blended rate3.140%4.728%7.560%
1st payment$941.66$941.66$1,854.65
2nd payment$0.00$548.62$0.00
Taxes / mo$249.99$249.99$249.99
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$390.00$390.00$390.00
Total monthly$1,731.66$2,280.27$2,698.64
Cash to close$103,148$29,999$29,999