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$210,158$210,158$337,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$127,342$0
Funding fee$1,051$1,051$0
Note rate3.450%3.450%7.400%
Blended rate3.450%5.167%7.640%
1st payment$1,086.24$1,086.24$2,336.78
2nd payment$0.00$848.95$0.00
Taxes / mo$359.67$359.67$359.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,595.91$2,444.85$2,913.95
Cash to close$164,842$37,500$37,500