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$207,517$207,517$346,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$138,983$0
Funding fee$1,038$1,038$0
Note rate3.450%3.450%7.400%
Blended rate3.450%5.275%7.640%
1st payment$1,072.59$1,072.59$2,399.10
2nd payment$0.00$926.55$0.00
Taxes / mo$333.33$333.33$333.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,555.92$2,482.48$2,951.73
Cash to close$177,483$38,500$38,500