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$204,754$204,754$270,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$65,246$0
Funding fee$1,024$1,024$0
Note rate2.680%2.680%7.400%
Blended rate2.680%4.207%7.640%
1st payment$950.68$950.68$1,869.43
2nd payment$0.00$489.35$0.00
Taxes / mo$82.17$82.17$82.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,182.84$1,672.19$2,155.59
Cash to close$95,246$30,000$30,000