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$205,474$205,474$323,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$117,626$0
Funding fee$1,027$1,027$0
Note rate2.870%2.870%7.320%
Blended rate2.870%4.738%7.560%
1st payment$987.97$987.97$2,219.47
2nd payment$0.00$784.18$0.00
Taxes / mo$137.08$137.08$137.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,275.05$2,059.23$2,571.18
Cash to close$153,526$35,900$35,900