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$206,796$206,796$314,820
Remaining term (yrs)24.224.230.0
Secondary amount$0$108,024$0
Funding fee$1,034$1,034$0
Note rate2.800%2.800%7.320%
Blended rate2.800%4.584%7.560%
1st payment$977.45$977.45$2,162.59
2nd payment$0.00$720.16$0.00
Taxes / mo$291.50$291.50$291.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.96
HOA / mo$0.00$0.00$0.00
Total monthly$1,418.95$2,139.11$2,667.06
Cash to close$143,004$34,980$34,980