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$271,125$271,125$367,110
Remaining term (yrs)23.023.030.0
Secondary amount$0$95,985$0
Funding fee$1,356$1,356$0
Note rate3.730%3.730%7.400%
Blended rate3.730%5.108%7.640%
1st payment$1,458.01$1,458.01$2,541.80
2nd payment$0.00$719.88$0.00
Taxes / mo$181.00$181.00$181.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.42
HOA / mo$20.83$20.83$20.83
Total monthly$1,809.84$2,529.73$2,967.05
Cash to close$136,775$40,790$40,790