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$211,726$211,726$291,420
Remaining term (yrs)24.624.630.0
Secondary amount$0$79,694$0
Funding fee$1,059$1,059$0
Note rate2.970%2.970%7.320%
Blended rate2.970%4.619%7.560%
1st payment$1,007.55$1,007.55$2,001.85
2nd payment$0.00$597.70$0.00
Taxes / mo$84.58$84.58$84.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.28
HOA / mo$10.00$10.00$10.00
Total monthly$1,252.13$1,849.84$2,304.72
Cash to close$112,074$32,380$32,380