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$263,810$263,810$350,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$87,100$0
Funding fee$1,319$1,319$0
Note rate3.090%3.090%7.320%
Blended rate3.090%4.557%7.560%
1st payment$1,255.11$1,255.11$2,410.51
2nd payment$0.00$653.25$0.00
Taxes / mo$129.75$129.75$129.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.18
HOA / mo$50.00$50.00$50.00
Total monthly$1,584.86$2,238.11$2,810.44
Cash to close$126,090$38,990$38,990