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$263,701$263,701$409,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$145,799$0
Funding fee$1,319$1,319$0
Note rate3.810%3.810%7.400%
Blended rate3.810%5.302%7.640%
1st payment$1,435.86$1,435.86$2,835.30
2nd payment$0.00$971.99$0.00
Taxes / mo$379.17$379.17$379.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$81.90
HOA / mo$596.00$596.00$596.00
Total monthly$2,577.69$3,549.69$4,059.03
Cash to close$191,299$45,500$45,500