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$210,924$210,924$301,410
Remaining term (yrs)24.924.930.0
Secondary amount$0$90,486$0
Funding fee$1,055$1,055$0
Note rate2.870%2.870%7.400%
Blended rate2.870%4.710%7.640%
1st payment$983.78$983.78$2,086.90
2nd payment$0.00$678.65$0.00
Taxes / mo$680.83$680.83$680.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.28
HOA / mo$12.67$12.67$12.67
Total monthly$1,827.28$2,505.93$2,990.69
Cash to close$123,976$33,490$33,490