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$251,299$251,299$395,100
Remaining term (yrs)22.622.630.0
Secondary amount$0$143,801$0
Funding fee$1,256$1,256$0
Note rate4.100%4.100%7.320%
Blended rate4.100%5.519%7.560%
1st payment$1,417.07$1,417.07$2,714.06
2nd payment$0.00$958.67$0.00
Taxes / mo$362.75$362.75$362.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,929.82$2,888.49$3,305.83
Cash to close$187,701$43,900$43,900