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$207,837$207,837$305,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$97,263$0
Funding fee$1,039$1,039$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.783%7.640%
1st payment$976.46$976.46$2,112.45
2nd payment$0.00$729.47$0.00
Taxes / mo$282.50$282.50$282.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,408.96$2,138.44$2,605.97
Cash to close$131,163$33,900$33,900