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$214,045$214,045$296,910
Remaining term (yrs)20.820.830.0
Secondary amount$0$82,865$0
Funding fee$1,070$1,070$0
Note rate3.880%3.880%7.320%
Blended rate3.880%5.309%7.560%
1st payment$1,246.42$1,246.42$2,039.57
2nd payment$0.00$621.48$0.00
Taxes / mo$73.50$73.50$73.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,469.92$2,091.40$2,322.45
Cash to close$115,855$32,990$32,990