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$202,363$202,363$337,410
Remaining term (yrs)20.420.430.0
Secondary amount$0$135,047$0
Funding fee$1,012$1,012$0
Note rate2.250%2.250%7.400%
Blended rate2.250%4.551%7.640%
1st payment$1,027.62$1,027.62$2,336.16
2nd payment$0.00$900.31$0.00
Taxes / mo$533.75$533.75$533.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,711.37$2,611.68$3,087.39
Cash to close$172,537$37,490$37,490