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$208,323$208,323$359,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$150,777$0
Funding fee$1,042$1,042$0
Note rate2.680%2.680%7.320%
Blended rate2.680%4.914%7.560%
1st payment$969.58$969.58$2,466.77
2nd payment$0.00$1,005.18$0.00
Taxes / mo$332.50$332.50$332.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,452.08$2,457.26$3,021.09
Cash to close$190,677$39,900$39,900