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$292,853$292,853$422,910
Remaining term (yrs)22.822.830.0
Secondary amount$0$130,057$0
Funding fee$1,464$1,464$0
Note rate3.800%3.800%7.400%
Blended rate3.800%5.092%7.640%
1st payment$1,596.65$1,596.65$2,928.14
2nd payment$0.00$867.05$0.00
Taxes / mo$252.42$252.42$252.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$131.00$131.00$131.00
Total monthly$2,146.73$3,013.78$3,562.81
Cash to close$177,047$46,990$46,990