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$192,404$192,404$269,910
Remaining term (yrs)23.823.830.0
Secondary amount$0$77,506$0
Funding fee$962$962$0
Note rate2.600%2.600%7.320%
Blended rate2.600%4.438%7.560%
1st payment$901.00$901.00$1,854.09
2nd payment$0.00$581.29$0.00
Taxes / mo$208.83$208.83$208.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$12.92$12.92$12.92
Total monthly$1,272.76$1,854.05$2,279.83
Cash to close$107,496$29,990$29,990