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$209,837$209,837$328,410
Remaining term (yrs)24.424.430.0
Secondary amount$0$118,573$0
Funding fee$1,049$1,049$0
Note rate2.375%2.375%7.400%
Blended rate2.375%4.406%7.640%
1st payment$942.09$942.09$2,273.84
2nd payment$0.00$790.49$0.00
Taxes / mo$249.75$249.75$249.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.68
HOA / mo$12.50$12.50$12.50
Total monthly$1,354.34$2,144.83$2,751.78
Cash to close$155,063$36,490$36,490