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$206,031$206,031$314,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$108,879$0
Funding fee$1,030$1,030$0
Note rate3.050%3.050%7.400%
Blended rate3.050%4.761%7.640%
1st payment$975.90$975.90$2,180.37
2nd payment$0.00$725.86$0.00
Taxes / mo$109.42$109.42$109.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,235.32$1,961.18$2,502.77
Cash to close$143,869$34,990$34,990