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$255,319$255,319$315,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$59,681$0
Funding fee$1,277$1,277$0
Note rate3.690%3.690%7.320%
Blended rate3.690%4.696%7.560%
1st payment$1,361.37$1,361.37$2,163.83
2nd payment$0.00$447.61$0.00
Taxes / mo$271.83$271.83$271.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,783.20$2,230.81$2,648.66
Cash to close$94,681$35,000$35,000