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$202,060$202,060$323,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$121,850$0
Funding fee$1,010$1,010$0
Note rate3.130%3.130%7.400%
Blended rate3.130%4.962%7.640%
1st payment$978.39$978.39$2,242.69
2nd payment$0.00$812.33$0.00
Taxes / mo$44.08$44.08$44.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$127.00$127.00$127.00
Total monthly$1,299.47$2,111.81$2,628.55
Cash to close$157,840$35,990$35,990