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$214,840$214,840$269,910
Remaining term (yrs)35.235.230.0
Secondary amount$0$55,070$0
Funding fee$1,074$1,074$0
Note rate2.360%2.360%7.320%
Blended rate2.360%3.715%7.560%
1st payment$747.45$747.45$1,854.09
2nd payment$0.00$413.03$0.00
Taxes / mo$184.42$184.42$184.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,081.87$1,494.90$2,242.49
Cash to close$85,060$29,990$29,990