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$243,426$243,426$378,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$134,574$0
Funding fee$1,217$1,217$0
Note rate3.330%3.330%7.320%
Blended rate3.330%4.993%7.560%
1st payment$1,237.07$1,237.07$2,596.60
2nd payment$0.00$897.16$0.00
Taxes / mo$148.58$148.58$148.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$202.00$202.00$202.00
Total monthly$1,737.65$2,634.81$3,172.78
Cash to close$176,574$42,000$42,000