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$205,177$205,177$337,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$132,323$0
Funding fee$1,026$1,026$0
Note rate2.940%2.940%7.320%
Blended rate2.940%4.924%7.560%
1st payment$991.55$991.55$2,318.39
2nd payment$0.00$882.15$0.00
Taxes / mo$247.42$247.42$247.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$325.00$325.00$325.00
Total monthly$1,713.97$2,596.12$3,108.31
Cash to close$169,823$37,500$37,500