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$208,360$208,360$323,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$115,550$0
Funding fee$1,042$1,042$0
Note rate2.700%2.700%7.400%
Blended rate2.700%4.591%7.640%
1st payment$974.23$974.23$2,242.69
2nd payment$0.00$770.33$0.00
Taxes / mo$695.00$695.00$695.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$8.33$8.33$8.33
Total monthly$1,827.56$2,597.89$3,160.80
Cash to close$151,540$35,990$35,990