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$268,006$268,006$382,410
Remaining term (yrs)23.823.830.0
Secondary amount$0$114,404$0
Funding fee$1,340$1,340$0
Note rate3.240%3.240%7.400%
Blended rate3.240%4.664%7.640%
1st payment$1,343.09$1,343.09$2,647.73
2nd payment$0.00$762.69$0.00
Taxes / mo$254.75$254.75$254.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,747.84$2,510.54$3,128.96
Cash to close$156,894$42,490$42,490