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$212,790$212,790$575,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$362,310$0
Funding fee$1,064$1,064$0
Note rate2.670%2.670%7.400%
Blended rate2.670%5.870%7.640%
1st payment$989.29$989.29$3,981.88
2nd payment$0.00$2,339.92$0.00
Taxes / mo$532.50$532.50$532.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.02
HOA / mo$96.00$96.00$96.00
Total monthly$1,784.46$4,124.38$4,892.06
Cash to close$426,210$63,900$63,900