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$201,238$201,238$269,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$68,672$0
Funding fee$1,006$1,006$0
Note rate4.980%4.980%7.400%
Blended rate4.980%6.003%7.640%
1st payment$1,156.90$1,156.90$1,868.80
2nd payment$0.00$515.04$0.00
Taxes / mo$133.33$133.33$133.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$341.67$341.67$341.67
Total monthly$1,781.90$2,296.94$2,547.79
Cash to close$98,662$29,990$29,990