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$273,259$273,259$351,000
Remaining term (yrs)21.221.230.0
Secondary amount$0$77,741$0
Funding fee$1,366$1,366$0
Note rate3.920%3.920%7.320%
Blended rate3.920%5.045%7.560%
1st payment$1,576.88$1,576.88$2,411.13
2nd payment$0.00$583.06$0.00
Taxes / mo$325.00$325.00$325.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,051.88$2,634.94$2,956.33
Cash to close$116,741$39,000$39,000