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$295,698$295,698$418,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$122,802$0
Funding fee$1,478$1,478$0
Note rate3.040%3.040%7.320%
Blended rate3.040%4.495%7.560%
1st payment$1,417.90$1,417.90$2,874.80
2nd payment$0.00$818.68$0.00
Taxes / mo$564.67$564.67$564.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,149.24$2,967.91$3,689.84
Cash to close$169,302$46,500$46,500