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$202,049$202,049$404,550
Remaining term (yrs)24.724.730.0
Secondary amount$0$202,501$0
Funding fee$1,010$1,010$0
Note rate2.730%2.730%7.400%
Blended rate2.730%5.243%7.640%
1st payment$934.36$934.36$2,801.02
2nd payment$0.00$1,307.82$0.00
Taxes / mo$49.75$49.75$49.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.91
HOA / mo$216.33$216.33$216.33
Total monthly$1,350.44$2,658.26$3,298.01
Cash to close$247,451$44,950$44,950