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$190,211$190,211$386,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$195,889$0
Funding fee$951$951$0
Note rate2.990%2.990%7.400%
Blended rate2.990%5.532%7.640%
1st payment$926.32$926.32$2,673.28
2nd payment$0.00$1,305.92$0.00
Taxes / mo$210.75$210.75$210.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$23.75$23.75$23.75
Total monthly$1,310.82$2,616.74$3,135.00
Cash to close$238,789$42,900$42,900