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$225,019$225,019$449,998
Remaining term (yrs)24.524.530.0
Secondary amount$0$224,979$0
Funding fee$1,125$1,125$0
Note rate3.080%3.080%7.400%
Blended rate3.080%5.415%7.640%
1st payment$1,086.12$1,086.12$3,115.70
2nd payment$0.00$1,452.99$0.00
Taxes / mo$416.67$416.67$416.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$160.00$160.00$160.00
Total monthly$1,829.46$3,282.44$3,949.03
Cash to close$274,979$50,000$50,000