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$202,581$202,581$647,550
Remaining term (yrs)25.325.330.0
Secondary amount$0$444,969$0
Funding fee$1,013$1,013$0
Note rate3.070%3.070%7.400%
Blended rate3.070%6.286%7.640%
1st payment$957.51$957.51$4,483.51
2nd payment$0.00$2,873.76$0.00
Taxes / mo$135.83$135.83$135.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.51
HOA / mo$0.00$0.00$0.00
Total monthly$1,310.01$4,183.76$4,965.52
Cash to close$516,919$71,950$71,950