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$252,477$252,477$391,410
Remaining term (yrs)21.321.330.0
Secondary amount$0$138,933$0
Funding fee$1,262$1,262$0
Note rate3.940%3.940%7.320%
Blended rate3.940%5.381%7.560%
1st payment$1,456.01$1,456.01$2,688.72
2nd payment$0.00$926.22$0.00
Taxes / mo$266.00$266.00$266.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,872.01$2,798.23$3,183.00
Cash to close$182,423$43,490$43,490