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$201,194$201,194$319,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$118,306$0
Funding fee$1,006$1,006$0
Note rate3.010%3.010%7.240%
Blended rate3.010%4.858%7.480%
1st payment$977.26$977.26$2,177.39
2nd payment$0.00$788.70$0.00
Taxes / mo$295.83$295.83$295.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.90
HOA / mo$609.00$609.00$609.00
Total monthly$2,032.10$2,820.80$3,296.12
Cash to close$153,806$35,500$35,500