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$213,893$213,893$278,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$65,017$0
Funding fee$1,069$1,069$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.192%7.640%
1st payment$996.17$996.17$1,931.12
2nd payment$0.00$487.63$0.00
Taxes / mo$270.83$270.83$270.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.78
HOA / mo$429.00$429.00$429.00
Total monthly$1,846.01$2,333.63$2,836.73
Cash to close$96,007$30,990$30,990