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$221,544$221,544$326,700
Remaining term (yrs)22.822.830.0
Secondary amount$0$105,156$0
Funding fee$1,108$1,108$0
Note rate3.820%3.820%7.400%
Blended rate3.820%5.165%7.640%
1st payment$1,210.25$1,210.25$2,262.00
2nd payment$0.00$701.04$0.00
Taxes / mo$302.50$302.50$302.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.34
HOA / mo$70.33$70.33$70.33
Total monthly$1,733.08$2,434.11$2,850.17
Cash to close$141,456$36,300$36,300