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$219,445$219,445$265,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$46,055$0
Funding fee$1,097$1,097$0
Note rate2.730%2.730%7.400%
Blended rate2.730%3.818%7.640%
1st payment$1,022.03$1,022.03$1,838.27
2nd payment$0.00$345.41$0.00
Taxes / mo$802.25$802.25$802.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$78.67$78.67$78.67
Total monthly$2,052.95$2,398.36$2,922.29
Cash to close$75,555$29,500$29,500