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$279,442$279,442$305,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$26,468$0
Funding fee$1,397$1,397$0
Note rate3.140%3.140%7.400%
Blended rate3.140%3.647%7.640%
1st payment$1,333.93$1,333.93$2,118.06
2nd payment$0.00$198.51$0.00
Taxes / mo$394.00$394.00$394.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,877.93$2,076.44$2,723.24
Cash to close$60,458$33,990$33,990