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$204,694$204,694$330,300
Remaining term (yrs)24.424.430.0
Secondary amount$0$125,606$0
Funding fee$1,023$1,023$0
Note rate2.970%2.970%7.320%
Blended rate2.970%4.883%7.560%
1st payment$978.56$978.56$2,268.93
2nd payment$0.00$837.37$0.00
Taxes / mo$585.67$585.67$585.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.06
HOA / mo$86.33$86.33$86.33
Total monthly$1,800.56$2,637.93$3,156.99
Cash to close$162,306$36,700$36,700