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$201,194$201,194$341,999
Remaining term (yrs)24.024.030.0
Secondary amount$0$140,805$0
Funding fee$1,006$1,006$0
Note rate3.010%3.010%7.400%
Blended rate3.010%5.064%7.640%
1st payment$977.26$977.26$2,367.93
2nd payment$0.00$938.70$0.00
Taxes / mo$316.67$316.67$316.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.40
HOA / mo$609.00$609.00$609.00
Total monthly$2,052.93$2,991.63$3,512.00
Cash to close$178,805$38,000$38,000