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$250,058$250,058$268,200
Remaining term (yrs)25.325.330.0
Secondary amount$0$33,042$0
Funding fee$1,250$1,250$0
Note rate3.450%3.450%7.320%
Blended rate3.450%4.433%7.560%
1st payment$1,229.78$1,229.78$1,842.35
2nd payment$0.00$326.98$0.00
Taxes / mo$812.75$812.75$812.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.64
HOA / mo$0.00$0.00$0.00
Total monthly$2,192.53$2,519.51$2,858.74
Cash to close$47,942$14,900$29,800