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$286,232$286,232$404,910
Remaining term (yrs)23.223.230.0
Secondary amount$0$118,678$0
Funding fee$1,431$1,431$0
Note rate3.690%3.690%7.400%
Blended rate3.690%4.953%7.640%
1st payment$1,526.20$1,526.20$2,803.52
2nd payment$0.00$791.19$0.00
Taxes / mo$177.00$177.00$177.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$40.00$40.00$40.00
Total monthly$1,893.20$2,684.39$3,251.50
Cash to close$163,668$44,990$44,990