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$213,539$213,539$300,510
Remaining term (yrs)24.524.530.0
Secondary amount$0$86,971$0
Funding fee$1,068$1,068$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.601%7.640%
1st payment$1,000.90$1,000.90$2,080.67
2nd payment$0.00$652.28$0.00
Taxes / mo$105.10$105.10$105.10
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,256.01$1,908.29$2,395.88
Cash to close$120,361$33,390$33,390