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$188,921$188,921$283,491
Remaining term (yrs)25.225.230.0
Secondary amount$0$94,570$0
Funding fee$945$945$0
Note rate3.090%3.090%7.400%
Blended rate3.090%5.062%7.640%
1st payment$896.86$896.86$1,962.83
2nd payment$0.00$709.28$0.00
Taxes / mo$262.49$262.49$262.49
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,309.35$2,018.63$2,432.02
Cash to close$126,069$31,499$31,499