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$210,880$210,880$292,410
Remaining term (yrs)23.223.230.0
Secondary amount$0$81,530$0
Funding fee$1,054$1,054$0
Note rate3.690%3.690%7.400%
Blended rate3.690%5.171%7.640%
1st payment$1,124.42$1,124.42$2,024.59
2nd payment$0.00$611.48$0.00
Taxes / mo$170.83$170.83$170.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.48
HOA / mo$173.00$173.00$173.00
Total monthly$1,618.25$2,229.73$2,576.90
Cash to close$114,020$32,490$32,490