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$213,256$213,256$346,410
Remaining term (yrs)24.324.330.0
Secondary amount$0$133,154$0
Funding fee$1,066$1,066$0
Note rate2.790%2.790%7.320%
Blended rate2.790%4.793%7.560%
1st payment$1,002.11$1,002.11$2,379.60
2nd payment$0.00$887.69$0.00
Taxes / mo$313.92$313.92$313.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.28
HOA / mo$19.67$19.67$19.67
Total monthly$1,485.69$2,373.39$2,932.47
Cash to close$171,644$38,490$38,490