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$203,634$203,634$296,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$93,276$0
Funding fee$1,018$1,018$0
Note rate2.700%2.700%7.320%
Blended rate2.700%4.679%7.560%
1st payment$947.55$947.55$2,039.57
2nd payment$0.00$699.57$0.00
Taxes / mo$196.58$196.58$196.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.38
HOA / mo$28.50$28.50$28.50
Total monthly$1,322.63$2,022.20$2,474.03
Cash to close$126,266$32,990$32,990