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$209,342$209,342$231,210
Remaining term (yrs)25.025.030.0
Secondary amount$0$34,713$0
Funding fee$1,047$1,047$0
Note rate2.860%2.860%7.320%
Blended rate2.860%4.142%7.560%
1st payment$973.11$973.11$1,588.25
2nd payment$0.00$343.51$0.00
Taxes / mo$195.75$195.75$195.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.24
HOA / mo$464.00$464.00$464.00
Total monthly$1,782.86$2,126.38$2,444.24
Cash to close$47,558$12,845$25,690