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$210,835$210,835$283,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$72,665$0
Funding fee$1,054$1,054$0
Note rate2.790%2.790%7.400%
Blended rate2.790%4.382%7.640%
1st payment$990.73$990.73$1,962.90
2nd payment$0.00$544.99$0.00
Taxes / mo$262.50$262.50$262.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,403.23$1,948.22$2,432.10
Cash to close$104,165$31,500$31,500