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$217,514$217,514$314,100
Remaining term (yrs)24.224.230.0
Secondary amount$0$96,586$0
Funding fee$1,088$1,088$0
Note rate2.840%2.840%7.400%
Blended rate2.840%4.734%7.640%
1st payment$1,032.56$1,032.56$2,174.76
2nd payment$0.00$724.40$0.00
Taxes / mo$133.08$133.08$133.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$105.00$105.00$105.00
Total monthly$1,420.64$2,145.04$2,625.67
Cash to close$131,486$34,900$34,900