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$209,429$209,429$404,910
Remaining term (yrs)23.523.530.0
Secondary amount$0$195,481$0
Funding fee$1,047$1,047$0
Note rate3.330%3.330%7.320%
Blended rate3.330%5.585%7.560%
1st payment$1,066.76$1,066.76$2,781.45
2nd payment$0.00$1,303.21$0.00
Taxes / mo$275.92$275.92$275.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$42.00$42.00$42.00
Total monthly$1,534.68$2,837.88$3,330.35
Cash to close$240,471$44,990$44,990