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$289,283$289,283$404,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$115,627$0
Funding fee$1,446$1,446$0
Note rate3.090%3.090%7.400%
Blended rate3.090%4.492%7.640%
1st payment$1,417.13$1,417.13$2,803.52
2nd payment$0.00$770.85$0.00
Taxes / mo$0.33$0.33$0.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$86.67$86.67$86.67
Total monthly$1,654.14$2,424.99$3,121.50
Cash to close$160,617$44,990$44,990