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$245,371$245,371$287,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$41,729$0
Funding fee$1,227$1,227$0
Note rate3.000%3.000%7.320%
Blended rate3.000%3.872%7.560%
1st payment$1,168.83$1,168.83$1,972.18
2nd payment$0.00$312.97$0.00
Taxes / mo$860.75$860.75$860.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.42
HOA / mo$0.00$0.00$0.00
Total monthly$2,179.58$2,492.54$3,040.35
Cash to close$73,629$31,900$31,900