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$269,390$269,390$377,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$108,520$0
Funding fee$1,347$1,347$0
Note rate3.450%3.450%7.400%
Blended rate3.450%4.757%7.640%
1st payment$1,392.39$1,392.39$2,616.57
2nd payment$0.00$723.47$0.00
Taxes / mo$150.33$150.33$150.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.58
HOA / mo$30.00$30.00$30.00
Total monthly$1,722.73$2,446.19$3,022.49
Cash to close$150,510$41,990$41,990