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$210,353$210,353$373,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$163,147$0
Funding fee$1,052$1,052$0
Note rate2.720%2.720%7.400%
Blended rate2.720%5.026%7.640%
1st payment$978.61$978.61$2,586.04
2nd payment$0.00$1,087.65$0.00
Taxes / mo$345.83$345.83$345.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,474.45$2,562.09$3,156.57
Cash to close$204,647$41,500$41,500