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$203,150$203,150$242,550
Remaining term (yrs)25.125.130.0
Secondary amount$0$39,400$0
Funding fee$1,016$1,016$0
Note rate3.090%3.090%7.320%
Blended rate3.090%4.050%7.560%
1st payment$966.51$966.51$1,666.15
2nd payment$0.00$295.50$0.00
Taxes / mo$40.58$40.58$40.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.51
HOA / mo$225.00$225.00$225.00
Total monthly$1,382.09$1,677.59$2,130.24
Cash to close$66,350$26,950$26,950