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$206,498$206,498$265,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$59,002$0
Funding fee$1,032$1,032$0
Note rate3.080%3.080%7.400%
Blended rate3.080%4.396%7.640%
1st payment$996.73$996.73$1,838.27
2nd payment$0.00$442.51$0.00
Taxes / mo$162.50$162.50$162.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,309.23$1,751.74$2,203.87
Cash to close$88,502$29,500$29,500