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$257,721$257,721$404,910
Remaining term (yrs)19.919.930.0
Secondary amount$0$147,189$0
Funding fee$1,289$1,289$0
Note rate3.480%3.480%7.320%
Blended rate3.480%5.123%7.560%
1st payment$1,492.03$1,492.03$2,781.45
2nd payment$0.00$981.26$0.00
Taxes / mo$190.83$190.83$190.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$567.00$567.00$567.00
Total monthly$2,399.86$3,381.12$3,770.27
Cash to close$192,179$44,990$44,990