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$208,054$208,054$287,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$79,046$0
Funding fee$1,040$1,040$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.579%7.640%
1st payment$975.83$975.83$1,987.82
2nd payment$0.00$592.84$0.00
Taxes / mo$624.50$624.50$624.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,750.33$2,343.17$2,819.74
Cash to close$110,946$31,900$31,900