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$205,803$205,803$263,700
Remaining term (yrs)24.524.530.0
Secondary amount$0$57,897$0
Funding fee$1,029$1,029$0
Note rate2.660%2.660%7.320%
Blended rate2.660%4.052%7.560%
1st payment$948.89$948.89$1,811.44
2nd payment$0.00$434.23$0.00
Taxes / mo$361.58$361.58$361.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.74
HOA / mo$0.00$0.00$0.00
Total monthly$1,460.47$1,894.70$2,375.76
Cash to close$87,197$29,300$29,300