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$258,221$258,221$418,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$160,279$0
Funding fee$1,291$1,291$0
Note rate3.730%3.730%7.400%
Blended rate3.730%5.365%7.640%
1st payment$1,382.37$1,382.37$2,897.61
2nd payment$0.00$1,068.53$0.00
Taxes / mo$209.25$209.25$209.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$35.00$35.00$35.00
Total monthly$1,793.29$2,861.82$3,392.23
Cash to close$206,779$46,500$46,500