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$205,420$205,420$303,300
Remaining term (yrs)24.424.430.0
Secondary amount$0$97,880$0
Funding fee$1,027$1,027$0
Note rate2.740%2.740%7.400%
Blended rate2.740%4.760%7.640%
1st payment$960.04$960.04$2,099.99
2nd payment$0.00$734.10$0.00
Taxes / mo$99.33$99.33$99.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.66
HOA / mo$0.00$0.00$0.00
Total monthly$1,209.38$1,943.47$2,409.98
Cash to close$131,580$33,700$33,700