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$203,244$203,244$331,200
Remaining term (yrs)24.924.930.0
Secondary amount$0$127,956$0
Funding fee$1,016$1,016$0
Note rate3.000%3.000%7.400%
Blended rate3.000%4.932%7.640%
1st payment$961.65$961.65$2,293.16
2nd payment$0.00$853.04$0.00
Taxes / mo$433.00$433.00$433.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.24
HOA / mo$0.00$0.00$0.00
Total monthly$1,544.65$2,397.70$2,942.40
Cash to close$164,756$36,800$36,800