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$207,049$207,049$337,050
Remaining term (yrs)24.424.430.0
Secondary amount$0$130,001$0
Funding fee$1,035$1,035$0
Note rate2.670%2.670%7.400%
Blended rate2.670%4.726%7.640%
1st payment$960.28$960.28$2,333.67
2nd payment$0.00$866.67$0.00
Taxes / mo$260.83$260.83$260.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.41
HOA / mo$84.33$84.33$84.33
Total monthly$1,455.45$2,322.12$2,896.24
Cash to close$167,451$37,450$37,450