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$209,102$209,102$353,250
Remaining term (yrs)22.922.930.0
Secondary amount$0$144,148$0
Funding fee$1,046$1,046$0
Note rate3.550%3.550%7.320%
Blended rate3.550%5.366%7.560%
1st payment$1,107.01$1,107.01$2,426.58
2nd payment$0.00$960.99$0.00
Taxes / mo$88.67$88.67$88.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.65
HOA / mo$11.67$11.67$11.67
Total monthly$1,357.35$2,318.33$2,747.57
Cash to close$183,398$39,250$39,250