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$256,460$256,460$306,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$49,540$0
Funding fee$1,282$1,282$0
Note rate3.760%3.760%7.320%
Blended rate3.760%4.608%7.560%
1st payment$1,301.82$1,301.82$2,102.01
2nd payment$0.00$371.55$0.00
Taxes / mo$283.33$283.33$283.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$35.00$35.00$35.00
Total monthly$1,770.15$2,141.70$2,631.54
Cash to close$83,540$34,000$34,000