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$273,083$273,083$422,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$149,017$0
Funding fee$1,365$1,365$0
Note rate3.600%3.600%7.320%
Blended rate3.600%5.153%7.560%
1st payment$1,436.45$1,436.45$2,899.53
2nd payment$0.00$993.45$0.00
Taxes / mo$325.92$325.92$325.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.42
HOA / mo$163.33$163.33$163.33
Total monthly$2,092.37$3,085.81$3,639.87
Cash to close$195,917$46,900$46,900