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$206,552$206,552$333,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$126,448$0
Funding fee$1,033$1,033$0
Note rate3.070%3.070%7.400%
Blended rate3.070%4.942%7.640%
1st payment$978.39$978.39$2,305.62
2nd payment$0.00$842.99$0.00
Taxes / mo$32.73$32.73$32.73
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,161.13$2,004.12$2,554.96
Cash to close$163,448$37,000$37,000