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$220,476$220,476$298,080
Remaining term (yrs)23.923.930.0
Secondary amount$0$77,604$0
Funding fee$1,102$1,102$0
Note rate2.930%2.930%7.400%
Blended rate2.930%4.510%7.640%
1st payment$1,064.35$1,064.35$2,063.85
2nd payment$0.00$582.03$0.00
Taxes / mo$276.00$276.00$276.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,490.35$2,072.38$2,549.46
Cash to close$110,724$33,120$33,120