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$212,316$212,316$268,200
Remaining term (yrs)23.823.830.0
Secondary amount$0$55,884$0
Funding fee$1,062$1,062$0
Note rate3.210%3.210%7.320%
Blended rate3.210%4.416%7.560%
1st payment$1,058.23$1,058.23$1,842.35
2nd payment$0.00$419.13$0.00
Taxes / mo$297.50$297.50$297.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.64
HOA / mo$245.00$245.00$245.00
Total monthly$1,750.73$2,169.86$2,588.49
Cash to close$85,684$29,800$29,800