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$206,919$206,919$292,410
Remaining term (yrs)23.923.930.0
Secondary amount$0$85,491$0
Funding fee$1,035$1,035$0
Note rate3.280%3.280%7.400%
Blended rate3.280%4.952%7.640%
1st payment$1,036.55$1,036.55$2,024.59
2nd payment$0.00$641.18$0.00
Taxes / mo$178.67$178.67$178.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,365.22$2,006.40$2,411.74
Cash to close$117,981$32,490$32,490