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$252,552$252,552$332,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$80,358$0
Funding fee$1,263$1,263$0
Note rate3.180%3.180%7.400%
Blended rate3.180%4.585%7.640%
1st payment$1,229.49$1,229.49$2,305.00
2nd payment$0.00$602.69$0.00
Taxes / mo$278.12$278.12$278.12
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.58
HOA / mo$46.67$46.67$46.67
Total monthly$1,704.28$2,306.96$2,846.37
Cash to close$117,348$36,990$36,990