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$213,551$213,551$296,991
Remaining term (yrs)24.124.130.0
Secondary amount$0$83,440$0
Funding fee$1,068$1,068$0
Note rate2.810%2.810%7.400%
Blended rate2.810%4.549%7.640%
1st payment$1,012.89$1,012.89$2,056.31
2nd payment$0.00$625.80$0.00
Taxes / mo$529.08$529.08$529.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$19.00$19.00$19.00
Total monthly$1,710.97$2,336.77$2,813.79
Cash to close$116,439$32,999$32,999