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$202,949$202,949$380,700
Remaining term (yrs)22.822.830.0
Secondary amount$0$177,751$0
Funding fee$1,015$1,015$0
Note rate3.750%3.750%7.400%
Blended rate3.750%5.734%7.640%
1st payment$1,101.06$1,101.06$2,635.89
2nd payment$0.00$1,185.01$0.00
Taxes / mo$112.17$112.17$112.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.14
HOA / mo$19.17$19.17$19.17
Total monthly$1,382.39$2,567.40$2,993.37
Cash to close$220,051$42,300$42,300