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$244,824$244,824$391,410
Remaining term (yrs)23.523.530.0
Secondary amount$0$146,586$0
Funding fee$1,224$1,224$0
Note rate3.650%3.650%7.320%
Blended rate3.650%5.279%7.560%
1st payment$1,288.58$1,288.58$2,688.72
2nd payment$0.00$977.24$0.00
Taxes / mo$357.00$357.00$357.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.28
HOA / mo$315.00$315.00$315.00
Total monthly$2,110.58$3,087.82$3,589.00
Cash to close$190,076$43,490$43,490