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$207,779$207,779$232,200
Remaining term (yrs)24.924.930.0
Secondary amount$0$37,321$0
Funding fee$1,039$1,039$0
Note rate3.020%3.020%7.400%
Blended rate3.020%4.368%7.640%
1st payment$985.28$985.28$1,607.71
2nd payment$0.00$369.33$0.00
Taxes / mo$215.00$215.00$215.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.44
HOA / mo$0.00$0.00$0.00
Total monthly$1,350.28$1,719.60$2,019.15
Cash to close$50,221$12,900$25,800