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$209,583$209,583$346,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$136,827$0
Funding fee$1,048$1,048$0
Note rate2.800%2.800%7.320%
Blended rate2.800%4.854%7.560%
1st payment$972.20$972.20$2,379.60
2nd payment$0.00$912.18$0.00
Taxes / mo$307.00$307.00$307.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,429.20$2,341.38$2,905.88
Cash to close$175,317$38,490$38,490