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$203,586$203,586$391,410
Remaining term (yrs)23.923.930.0
Secondary amount$0$187,824$0
Funding fee$1,018$1,018$0
Note rate2.990%2.990%7.400%
Blended rate2.990%5.394%7.640%
1st payment$989.10$989.10$2,710.04
2nd payment$0.00$1,252.16$0.00
Taxes / mo$177.42$177.42$177.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,316.52$2,568.68$3,115.74
Cash to close$231,314$43,490$43,490