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$210,659$210,659$274,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$63,841$0
Funding fee$1,053$1,053$0
Note rate3.060%3.060%7.320%
Blended rate3.060%4.441%7.560%
1st payment$1,012.33$1,012.33$1,885.62
2nd payment$0.00$478.81$0.00
Taxes / mo$71.17$71.17$71.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.90
HOA / mo$324.00$324.00$324.00
Total monthly$1,557.49$2,036.30$2,485.69
Cash to close$94,341$30,500$30,500