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$202,110$202,110$314,910
Remaining term (yrs)24.124.130.0
Secondary amount$0$112,800$0
Funding fee$1,011$1,011$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.669%7.640%
1st payment$958.62$958.62$2,180.37
2nd payment$0.00$752.00$0.00
Taxes / mo$298.50$298.50$298.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$1.92$1.92$1.92
Total monthly$1,409.04$2,161.05$2,693.78
Cash to close$147,790$34,990$34,990