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$207,505$207,505$264,600
Remaining term (yrs)23.123.130.0
Secondary amount$0$57,095$0
Funding fee$1,038$1,038$0
Note rate3.600%3.600%7.320%
Blended rate3.600%4.765%7.560%
1st payment$1,098.98$1,098.98$1,817.62
2nd payment$0.00$428.21$0.00
Taxes / mo$95.33$95.33$95.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.92
HOA / mo$189.00$189.00$189.00
Total monthly$1,533.31$1,961.52$2,304.87
Cash to close$86,495$29,400$29,400