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$290,187$290,187$404,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$114,723$0
Funding fee$1,451$1,451$0
Note rate3.080%3.080%7.400%
Blended rate3.080%4.474%7.640%
1st payment$1,397.52$1,397.52$2,803.52
2nd payment$0.00$764.82$0.00
Taxes / mo$272.33$272.33$272.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$14.58$14.58$14.58
Total monthly$1,834.44$2,599.26$3,321.41
Cash to close$159,713$44,990$44,990