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$203,754$203,754$337,500
Remaining term (yrs)20.920.930.0
Secondary amount$0$133,746$0
Funding fee$1,019$1,019$0
Note rate3.880%3.880%7.400%
Blended rate3.880%5.513%7.640%
1st payment$1,180.40$1,180.40$2,336.78
2nd payment$0.00$891.64$0.00
Taxes / mo$269.51$269.51$269.51
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$445.00$445.00$445.00
Total monthly$2,044.91$2,936.55$3,268.79
Cash to close$171,246$37,500$37,500