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$201,605$201,605$346,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$144,895$0
Funding fee$1,008$1,008$0
Note rate2.810%2.810%7.320%
Blended rate2.810%4.980%7.560%
1st payment$944.96$944.96$2,380.21
2nd payment$0.00$965.96$0.00
Taxes / mo$320.92$320.92$320.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$9.17$9.17$9.17
Total monthly$1,425.05$2,391.02$2,929.60
Cash to close$183,395$38,500$38,500