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$278,076$278,076$359,550
Remaining term (yrs)25.425.430.0
Secondary amount$0$81,474$0
Funding fee$1,390$1,390$0
Note rate3.550%3.550%7.400%
Blended rate3.550%4.785%7.640%
1st payment$1,382.55$1,382.55$2,489.45
2nd payment$0.00$611.05$0.00
Taxes / mo$345.33$345.33$345.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.91
HOA / mo$90.00$90.00$90.00
Total monthly$1,967.88$2,578.94$3,146.69
Cash to close$121,424$39,950$39,950