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$207,420$207,420$296,100
Remaining term (yrs)24.824.830.0
Secondary amount$0$88,680$0
Funding fee$1,037$1,037$0
Note rate2.960%2.960%7.320%
Blended rate2.960%4.769%7.560%
1st payment$981.51$981.51$2,034.00
2nd payment$0.00$665.10$0.00
Taxes / mo$233.17$233.17$233.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.22
HOA / mo$66.67$66.67$66.67
Total monthly$1,431.35$2,096.45$2,543.06
Cash to close$121,580$32,900$32,900