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$251,064$251,064$377,910
Remaining term (yrs)22.822.830.0
Secondary amount$0$126,846$0
Funding fee$1,255$1,255$0
Note rate3.990%3.990%7.400%
Blended rate3.990%5.336%7.640%
1st payment$1,394.51$1,394.51$2,616.57
2nd payment$0.00$845.64$0.00
Taxes / mo$349.92$349.92$349.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.58
HOA / mo$328.00$328.00$328.00
Total monthly$2,222.43$3,068.07$3,520.07
Cash to close$168,836$41,990$41,990