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$268,130$268,130$308,250
Remaining term (yrs)25.225.230.0
Secondary amount$0$40,120$0
Funding fee$1,341$1,341$0
Note rate3.110%3.110%7.400%
Blended rate3.110%3.877%7.640%
1st payment$1,275.70$1,275.70$2,134.26
2nd payment$0.00$300.90$0.00
Taxes / mo$105.17$105.17$105.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.65
HOA / mo$165.00$165.00$165.00
Total monthly$1,695.87$1,996.77$2,616.08
Cash to close$74,370$34,250$34,250