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$262,871$262,871$382,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$119,629$0
Funding fee$1,314$1,314$0
Note rate3.680%3.680%7.320%
Blended rate3.680%5.031%7.560%
1st payment$1,403.41$1,403.41$2,627.51
2nd payment$0.00$797.52$0.00
Taxes / mo$270.20$270.20$270.20
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$18.75$18.75$18.75
Total monthly$1,842.36$2,639.88$3,142.96
Cash to close$162,129$42,500$42,500