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$206,722$206,722$417,600
Remaining term (yrs)24.224.230.0
Secondary amount$0$210,878$0
Funding fee$1,034$1,034$0
Note rate2.770%2.770%7.400%
Blended rate2.770%5.285%7.640%
1st payment$973.93$973.93$2,891.38
2nd payment$0.00$1,361.92$0.00
Taxes / mo$246.61$246.61$246.61
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.52
HOA / mo$75.00$75.00$75.00
Total monthly$1,462.21$2,824.13$3,463.18
Cash to close$257,278$46,400$46,400