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$219,719$219,719$341,910
Remaining term (yrs)18.718.730.0
Secondary amount$0$122,191$0
Funding fee$1,099$1,099$0
Note rate3.840%3.840%7.320%
Blended rate3.840%5.327%7.560%
1st payment$1,367.25$1,367.25$2,348.68
2nd payment$0.00$814.61$0.00
Taxes / mo$441.58$441.58$441.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,958.84$2,773.45$3,008.65
Cash to close$160,181$37,990$37,990