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$274,946$274,946$418,050
Remaining term (yrs)23.223.230.0
Secondary amount$0$143,104$0
Funding fee$1,375$1,375$0
Note rate3.780%3.780%7.400%
Blended rate3.780%5.225%7.640%
1st payment$1,479.29$1,479.29$2,894.49
2nd payment$0.00$954.02$0.00
Taxes / mo$133.58$133.58$133.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.61
HOA / mo$0.00$0.00$0.00
Total monthly$1,779.54$2,733.56$3,278.35
Cash to close$189,554$46,450$46,450