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$209,528$209,528$350,910
Remaining term (yrs)23.823.830.0
Secondary amount$0$141,382$0
Funding fee$1,048$1,048$0
Note rate3.160%3.160%7.400%
Blended rate3.160%5.110%7.640%
1st payment$1,041.28$1,041.28$2,429.63
2nd payment$0.00$942.54$0.00
Taxes / mo$143.67$143.67$143.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,334.95$2,277.49$2,793.48
Cash to close$180,372$38,990$38,990