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$191,822$191,822$528,300
Remaining term (yrs)23.823.830.0
Secondary amount$0$336,478$0
Funding fee$959$959$0
Note rate3.070%3.070%7.400%
Blended rate3.070%6.051%7.640%
1st payment$944.32$944.32$3,657.84
2nd payment$0.00$2,173.09$0.00
Taxes / mo$289.08$289.08$289.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.66
HOA / mo$50.00$50.00$50.00
Total monthly$1,450.07$3,623.16$4,269.25
Cash to close$395,178$58,700$58,700