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$265,225$265,225$337,950
Remaining term (yrs)24.624.630.0
Secondary amount$0$72,725$0
Funding fee$1,326$1,326$0
Note rate3.060%3.060%7.320%
Blended rate3.060%4.338%7.560%
1st payment$1,274.54$1,274.54$2,321.48
2nd payment$0.00$545.44$0.00
Taxes / mo$100.98$100.98$100.98
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.59
HOA / mo$0.00$0.00$0.00
Total monthly$1,525.52$2,070.96$2,640.06
Cash to close$110,275$37,550$37,550