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$206,782$206,782$333,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$126,218$0
Funding fee$1,034$1,034$0
Note rate3.660%3.660%7.320%
Blended rate3.660%5.305%7.560%
1st payment$1,099.26$1,099.26$2,287.48
2nd payment$0.00$841.45$0.00
Taxes / mo$57.58$57.58$57.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,306.84$2,148.29$2,561.66
Cash to close$163,218$37,000$37,000