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$194,784$194,784$296,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$102,126$0
Funding fee$974$974$0
Note rate2.810%2.810%7.320%
Blended rate2.810%4.595%7.560%
1st payment$917.30$917.30$2,039.57
2nd payment$0.00$680.84$0.00
Taxes / mo$302.08$302.08$302.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.38
HOA / mo$86.67$86.67$86.67
Total monthly$1,456.05$2,136.89$2,637.70
Cash to close$135,116$32,990$32,990