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$259,231$259,231$404,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$145,679$0
Funding fee$1,296$1,296$0
Note rate3.020%3.020%7.320%
Blended rate3.020%4.812%7.560%
1st payment$1,243.16$1,243.16$2,781.45
2nd payment$0.00$971.19$0.00
Taxes / mo$362.08$362.08$362.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,755.25$2,726.44$3,374.52
Cash to close$190,669$44,990$44,990