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$249,764$249,764$377,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$128,146$0
Funding fee$1,249$1,249$0
Note rate3.020%3.020%7.320%
Blended rate3.020%4.709%7.560%
1st payment$1,197.76$1,197.76$2,595.98
2nd payment$0.00$854.31$0.00
Taxes / mo$339.67$339.67$339.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,687.43$2,541.73$3,161.23
Cash to close$170,136$41,990$41,990