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$202,239$202,239$229,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$27,261$0
Funding fee$1,011$1,011$0
Note rate2.710%2.710%7.320%
Blended rate2.710%3.457%7.560%
1st payment$946.63$946.63$1,576.51
2nd payment$0.00$204.46$0.00
Taxes / mo$658.50$658.50$658.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.90
HOA / mo$86.67$86.67$86.67
Total monthly$1,841.80$2,046.26$2,517.58
Cash to close$52,761$25,500$25,500