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$286,654$286,654$376,110
Remaining term (yrs)23.723.730.0
Secondary amount$0$89,456$0
Funding fee$1,433$1,433$0
Note rate4.990%4.990%7.400%
Blended rate4.990%5.944%7.640%
1st payment$1,715.58$1,715.58$2,604.11
2nd payment$0.00$670.92$0.00
Taxes / mo$282.00$282.00$282.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.22
HOA / mo$75.00$75.00$75.00
Total monthly$2,222.58$2,893.50$3,186.33
Cash to close$131,246$41,790$41,790