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$216,852$216,852$413,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$197,058$0
Funding fee$1,084$1,084$0
Note rate2.360%2.360%7.400%
Blended rate2.360%5.045%7.640%
1st payment$948.37$948.37$2,865.83
2nd payment$0.00$1,313.72$0.00
Taxes / mo$25.68$25.68$25.68
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.78
HOA / mo$20.83$20.83$20.83
Total monthly$1,161.54$2,475.27$3,161.79
Cash to close$243,048$45,990$45,990