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$253,247$253,247$391,410
Remaining term (yrs)23.423.430.0
Secondary amount$0$138,163$0
Funding fee$1,266$1,266$0
Note rate3.600%3.600%7.400%
Blended rate3.600%5.153%7.640%
1st payment$1,332.11$1,332.11$2,710.04
2nd payment$0.00$921.09$0.00
Taxes / mo$6.25$6.25$6.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.28
HOA / mo$44.00$44.00$44.00
Total monthly$1,532.36$2,453.45$2,988.58
Cash to close$181,653$43,490$43,490