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$265,417$265,417$378,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$112,583$0
Funding fee$1,327$1,327$0
Note rate3.760%3.760%7.400%
Blended rate3.760%5.023%7.640%
1st payment$1,344.68$1,344.68$2,617.20
2nd payment$0.00$750.55$0.00
Taxes / mo$295.82$295.82$295.82
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,790.50$2,541.05$3,138.62
Cash to close$154,583$42,000$42,000