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$204,557$204,557$346,410
Remaining term (yrs)24.224.230.0
Secondary amount$0$141,853$0
Funding fee$1,023$1,023$0
Note rate2.890%2.890%7.320%
Blended rate2.890%4.983%7.560%
1st payment$976.30$976.30$2,379.60
2nd payment$0.00$945.68$0.00
Taxes / mo$143.00$143.00$143.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.28
HOA / mo$9.17$9.17$9.17
Total monthly$1,278.47$2,224.16$2,751.05
Cash to close$180,343$38,490$38,490