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$271,190$271,190$386,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$115,720$0
Funding fee$1,356$1,356$0
Note rate3.260%3.260%7.400%
Blended rate3.260%4.678%7.640%
1st payment$1,365.04$1,365.04$2,678.89
2nd payment$0.00$771.46$0.00
Taxes / mo$358.25$358.25$358.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,873.29$2,644.75$3,264.52
Cash to close$158,710$42,990$42,990