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$206,484$206,484$283,410
Remaining term (yrs)24.224.230.0
Secondary amount$0$76,926$0
Funding fee$1,032$1,032$0
Note rate2.250%2.250%7.320%
Blended rate2.250%4.082%7.560%
1st payment$918.94$918.94$1,946.83
2nd payment$0.00$576.94$0.00
Taxes / mo$174.58$174.58$174.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.68
HOA / mo$32.00$32.00$32.00
Total monthly$1,275.52$1,852.47$2,360.10
Cash to close$108,416$31,490$31,490