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$322,791$322,791$448,200
Remaining term (yrs)25.125.130.0
Secondary amount$0$125,409$0
Funding fee$1,614$1,614$0
Note rate3.090%3.090%7.400%
Blended rate3.090%4.464%7.640%
1st payment$1,535.71$1,535.71$3,103.25
2nd payment$0.00$836.06$0.00
Taxes / mo$174.33$174.33$174.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.64
HOA / mo$0.00$0.00$0.00
Total monthly$1,876.71$2,712.78$3,533.89
Cash to close$175,209$49,800$49,800