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$269,946$269,946$314,550
Remaining term (yrs)25.225.230.0
Secondary amount$0$44,604$0
Funding fee$1,350$1,350$0
Note rate3.100%3.100%7.400%
Blended rate3.100%3.937%7.640%
1st payment$1,282.93$1,282.93$2,177.88
2nd payment$0.00$334.53$0.00
Taxes / mo$291.25$291.25$291.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.91
HOA / mo$8.33$8.33$8.33
Total monthly$1,732.51$2,067.03$2,690.37
Cash to close$79,554$34,950$34,950