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$292,543$292,543$396,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$103,457$0
Funding fee$1,463$1,463$0
Note rate3.560%3.560%7.400%
Blended rate3.560%4.720%7.640%
1st payment$1,458.99$1,458.99$2,741.82
2nd payment$0.00$689.71$0.00
Taxes / mo$267.50$267.50$267.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$9.75$9.75$9.75
Total monthly$1,886.24$2,575.95$3,248.27
Cash to close$147,457$44,000$44,000