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$216,351$216,351$289,800
Remaining term (yrs)24.624.630.0
Secondary amount$0$73,449$0
Funding fee$1,082$1,082$0
Note rate3.130%3.130%7.400%
Blended rate3.130%4.618%7.640%
1st payment$1,047.59$1,047.59$2,006.52
2nd payment$0.00$550.86$0.00
Taxes / mo$128.33$128.33$128.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.96
HOA / mo$35.00$35.00$35.00
Total monthly$1,360.92$1,911.79$2,377.81
Cash to close$105,649$32,200$32,200