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$249,603$249,603$359,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$110,307$0
Funding fee$1,248$1,248$0
Note rate3.080%3.080%7.400%
Blended rate3.080%4.588%7.640%
1st payment$1,204.78$1,204.78$2,491.94
2nd payment$0.00$735.38$0.00
Taxes / mo$217.83$217.83$217.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$28.00$28.00$28.00
Total monthly$1,600.62$2,336.00$2,959.76
Cash to close$150,297$39,990$39,990