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$263,404$263,404$404,999
Remaining term (yrs)23.823.830.0
Secondary amount$0$141,596$0
Funding fee$1,317$1,317$0
Note rate3.030%3.030%7.320%
Blended rate3.030%4.768%7.560%
1st payment$1,291.26$1,291.26$2,782.06
2nd payment$0.00$943.97$0.00
Taxes / mo$143.83$143.83$143.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$30.00$30.00$30.00
Total monthly$1,615.09$2,559.06$3,186.90
Cash to close$186,595$45,000$45,000