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$191,837$191,837$229,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$37,573$0
Funding fee$959$959$0
Note rate2.980%2.980%7.400%
Blended rate2.980%3.966%7.640%
1st payment$907.72$907.72$1,588.39
2nd payment$0.00$281.80$0.00
Taxes / mo$280.83$280.83$280.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.88
HOA / mo$0.00$0.00$0.00
Total monthly$1,338.55$1,620.35$2,065.10
Cash to close$63,063$25,490$25,490