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$210,356$210,356$333,000
Remaining term (yrs)19.419.430.0
Secondary amount$0$122,644$0
Funding fee$1,052$1,052$0
Note rate2.220%2.220%7.320%
Blended rate2.220%4.349%7.560%
1st payment$1,108.35$1,108.35$2,287.48
2nd payment$0.00$817.63$0.00
Taxes / mo$27.11$27.11$27.11
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,285.45$2,103.08$2,531.18
Cash to close$159,644$37,000$37,000