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$263,618$263,618$328,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$64,882$0
Funding fee$1,318$1,318$0
Note rate3.690%3.690%7.400%
Blended rate3.690%4.739%7.640%
1st payment$1,408.80$1,408.80$2,274.47
2nd payment$0.00$486.61$0.00
Taxes / mo$264.67$264.67$264.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,823.47$2,310.08$2,754.83
Cash to close$101,382$36,500$36,500