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$213,469$213,469$430,650
Remaining term (yrs)24.424.430.0
Secondary amount$0$217,181$0
Funding fee$1,067$1,067$0
Note rate2.700%2.700%7.400%
Blended rate2.700%5.247%7.640%
1st payment$993.31$993.31$2,981.73
2nd payment$0.00$1,402.63$0.00
Taxes / mo$398.75$398.75$398.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.13
HOA / mo$547.00$547.00$547.00
Total monthly$2,105.73$3,508.36$4,180.28
Cash to close$265,031$47,850$47,850