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$244,699$244,699$269,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$25,211$0
Funding fee$1,223$1,223$0
Note rate3.050%3.050%7.400%
Blended rate3.050%3.606%7.640%
1st payment$1,154.01$1,154.01$1,868.80
2nd payment$0.00$189.08$0.00
Taxes / mo$401.50$401.50$401.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,705.51$1,894.60$2,474.28
Cash to close$55,201$29,990$29,990