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$217,660$217,660$314,100
Remaining term (yrs)25.025.030.0
Secondary amount$0$96,440$0
Funding fee$1,088$1,088$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.773%7.640%
1st payment$1,016.28$1,016.28$2,174.76
2nd payment$0.00$723.30$0.00
Taxes / mo$290.83$290.83$290.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,457.11$2,180.41$2,678.42
Cash to close$131,340$34,900$34,900