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$291,706$291,706$395,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$104,204$0
Funding fee$1,459$1,459$0
Note rate3.170%3.170%7.320%
Blended rate3.170%4.441%7.560%
1st payment$1,421.73$1,421.73$2,719.63
2nd payment$0.00$694.70$0.00
Taxes / mo$263.17$263.17$263.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,834.90$2,529.59$3,211.98
Cash to close$148,194$43,990$43,990