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$211,260$211,260$314,550
Remaining term (yrs)23.823.830.0
Secondary amount$0$103,290$0
Funding fee$1,056$1,056$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.575%7.560%
1st payment$1,021.50$1,021.50$2,160.74
2nd payment$0.00$688.60$0.00
Taxes / mo$309.75$309.75$309.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.91
HOA / mo$100.00$100.00$100.00
Total monthly$1,581.25$2,269.85$2,783.40
Cash to close$138,240$34,950$34,950