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$266,002$266,002$427,410
Remaining term (yrs)25.225.230.0
Secondary amount$0$161,408$0
Funding fee$1,330$1,330$0
Note rate3.110%3.110%7.400%
Blended rate3.110%4.957%7.640%
1st payment$1,265.58$1,265.58$2,959.30
2nd payment$0.00$1,076.06$0.00
Taxes / mo$448.25$448.25$448.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.48
HOA / mo$52.00$52.00$52.00
Total monthly$1,932.49$3,008.55$3,711.70
Cash to close$208,898$47,490$47,490