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$213,784$213,784$265,410
Remaining term (yrs)23.423.430.0
Secondary amount$0$51,626$0
Funding fee$1,069$1,069$0
Note rate3.470%3.470%7.400%
Blended rate3.470%4.546%7.640%
1st payment$1,107.25$1,107.25$1,837.65
2nd payment$0.00$387.19$0.00
Taxes / mo$2.83$2.83$2.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.08
HOA / mo$0.00$0.00$0.00
Total monthly$1,260.08$1,647.27$2,043.56
Cash to close$81,116$29,490$29,490