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$211,202$211,202$269,955
Remaining term (yrs)24.424.430.0
Secondary amount$0$58,753$0
Funding fee$1,056$1,056$0
Note rate2.670%2.670%7.400%
Blended rate2.670%4.048%7.640%
1st payment$979.54$979.54$1,869.11
2nd payment$0.00$440.65$0.00
Taxes / mo$249.96$249.96$249.96
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.99
HOA / mo$0.00$0.00$0.00
Total monthly$1,379.50$1,820.15$2,323.06
Cash to close$88,748$29,995$29,995