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$210,908$210,908$287,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$77,002$0
Funding fee$1,055$1,055$0
Note rate2.750%2.750%7.400%
Blended rate2.750%4.422%7.640%
1st payment$979.78$979.78$1,993.43
2nd payment$0.00$577.52$0.00
Taxes / mo$266.58$266.58$266.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,396.36$1,973.88$2,467.60
Cash to close$108,992$31,990$31,990