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$273,981$273,981$283,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$25,269$0
Funding fee$1,370$1,370$0
Note rate3.550%3.550%7.320%
Blended rate3.550%4.253%7.560%
1st payment$1,362.19$1,362.19$1,947.45
2nd payment$0.00$250.05$0.00
Taxes / mo$363.33$363.33$363.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,875.52$2,125.58$2,517.48
Cash to close$41,019$15,750$31,500