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$194,298$194,298$245,610
Remaining term (yrs)24.724.730.0
Secondary amount$0$51,312$0
Funding fee$971$971$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.174%7.560%
1st payment$915.48$915.48$1,687.17
2nd payment$0.00$384.84$0.00
Taxes / mo$234.25$234.25$234.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.12
HOA / mo$0.00$0.00$0.00
Total monthly$1,299.73$1,684.57$2,120.54
Cash to close$78,602$27,290$27,290