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$205,764$205,764$229,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$36,486$0
Funding fee$1,029$1,029$0
Note rate2.980%2.980%7.320%
Blended rate2.980%4.320%7.560%
1st payment$980.25$980.25$1,576.51
2nd payment$0.00$361.06$0.00
Taxes / mo$158.58$158.58$158.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$45.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,288.83$1,649.89$1,930.99
Cash to close$49,236$12,750$25,500