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$242,028$242,028$269,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$27,882$0
Funding fee$1,210$1,210$0
Note rate3.090%3.090%7.400%
Blended rate3.090%3.701%7.640%
1st payment$1,151.48$1,151.48$1,868.80
2nd payment$0.00$209.11$0.00
Taxes / mo$127.65$127.65$127.65
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$1,429.12$1,638.24$2,200.43
Cash to close$57,872$29,990$29,990