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$273,021$273,021$377,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$104,889$0
Funding fee$1,365$1,365$0
Note rate3.050%3.050%7.400%
Blended rate3.050%4.424%7.640%
1st payment$1,279.28$1,279.28$2,616.57
2nd payment$0.00$699.26$0.00
Taxes / mo$46.92$46.92$46.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.58
HOA / mo$20.42$20.42$20.42
Total monthly$1,496.62$2,195.88$2,909.49
Cash to close$146,879$41,990$41,990