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$210,549$210,549$320,310
Remaining term (yrs)24.424.430.0
Secondary amount$0$109,761$0
Funding fee$1,053$1,053$0
Note rate2.770%2.770%7.400%
Blended rate2.770%4.562%7.640%
1st payment$987.23$987.23$2,217.76
2nd payment$0.00$731.74$0.00
Taxes / mo$317.83$317.83$317.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.06
HOA / mo$75.00$75.00$75.00
Total monthly$1,530.07$2,261.81$2,824.66
Cash to close$145,351$35,590$35,590