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$192,994$192,994$382,500
Remaining term (yrs)19.919.930.0
Secondary amount$0$189,506$0
Funding fee$965$965$0
Note rate1.490%1.490%7.400%
Blended rate1.490%4.715%7.640%
1st payment$927.08$927.08$2,648.35
2nd payment$0.00$1,263.37$0.00
Taxes / mo$206.58$206.58$206.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,283.67$2,547.04$3,081.44
Cash to close$232,006$42,500$42,500