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$190,854$190,854$332,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$141,246$0
Funding fee$954$954$0
Note rate2.960%2.960%7.320%
Blended rate2.960%5.104%7.560%
1st payment$905.17$905.17$2,281.30
2nd payment$0.00$941.64$0.00
Taxes / mo$442.67$442.67$442.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,497.84$2,439.48$2,940.38
Cash to close$178,146$36,900$36,900