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$216,829$216,829$269,999
Remaining term (yrs)25.225.230.0
Secondary amount$0$53,170$0
Funding fee$1,084$1,084$0
Note rate3.100%3.100%7.320%
Blended rate3.100%4.262%7.560%
1st payment$1,030.48$1,030.48$1,854.71
2nd payment$0.00$398.78$0.00
Taxes / mo$209.33$209.33$209.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,389.82$1,788.60$2,268.04
Cash to close$83,170$30,000$30,000