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$226,755$226,755$395,910
Remaining term (yrs)18.518.530.0
Secondary amount$0$169,155$0
Funding fee$1,134$1,134$0
Note rate3.690%3.690%7.400%
Blended rate3.690%5.531%7.640%
1st payment$1,402.14$1,402.14$2,741.20
2nd payment$0.00$1,127.70$0.00
Taxes / mo$303.00$303.00$303.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,855.14$2,982.84$3,273.38
Cash to close$213,145$43,990$43,990