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$225,409$225,409$314,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$89,501$0
Funding fee$1,127$1,127$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.634%7.640%
1st payment$1,064.51$1,064.51$2,180.37
2nd payment$0.00$671.25$0.00
Taxes / mo$378.12$378.12$378.12
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$10.42$10.42$10.42
Total monthly$1,603.05$2,274.30$2,781.90
Cash to close$124,491$34,990$34,990