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$217,764$217,764$287,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$69,336$0
Funding fee$1,089$1,089$0
Note rate2.730%2.730%7.400%
Blended rate2.730%4.244%7.640%
1st payment$1,009.41$1,009.41$1,987.82
2nd payment$0.00$520.02$0.00
Taxes / mo$51.42$51.42$51.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.42
HOA / mo$80.67$80.67$80.67
Total monthly$1,291.49$1,811.51$2,327.33
Cash to close$101,236$31,900$31,900