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$201,606$201,606$350,910
Remaining term (yrs)23.323.330.0
Secondary amount$0$149,304$0
Funding fee$1,008$1,008$0
Note rate3.730%3.730%7.400%
Blended rate3.730%5.547%7.640%
1st payment$1,076.88$1,076.88$2,429.63
2nd payment$0.00$995.36$0.00
Taxes / mo$314.33$314.33$314.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.18
HOA / mo$308.00$308.00$308.00
Total monthly$1,849.21$2,844.57$3,272.15
Cash to close$188,294$38,990$38,990