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$210,148$210,148$223,650
Remaining term (yrs)25.125.130.0
Secondary amount$0$25,927$0
Funding fee$1,051$1,051$0
Note rate2.880%2.880%7.400%
Blended rate2.880%3.868%7.640%
1st payment$976.83$976.83$1,548.51
2nd payment$0.00$256.57$0.00
Taxes / mo$259.25$259.25$259.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.73
HOA / mo$66.67$66.67$66.67
Total monthly$1,452.75$1,709.32$2,069.16
Cash to close$38,352$12,425$24,850