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$253,670$253,670$369,000
Remaining term (yrs)21.221.230.0
Secondary amount$0$115,330$0
Funding fee$1,268$1,268$0
Note rate3.930%3.930%7.320%
Blended rate3.930%5.202%7.560%
1st payment$1,465.19$1,465.19$2,534.77
2nd payment$0.00$768.86$0.00
Taxes / mo$341.67$341.67$341.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$53.33$53.33$53.33
Total monthly$2,010.19$2,779.05$3,153.57
Cash to close$156,330$41,000$41,000