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$297,084$297,084$346,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$49,416$0
Funding fee$1,485$1,485$0
Note rate3.890%3.890%7.400%
Blended rate3.890%4.619%7.640%
1st payment$1,526.35$1,526.35$2,399.10
2nd payment$0.00$370.62$0.00
Taxes / mo$281.58$281.58$281.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,957.93$2,328.55$2,899.98
Cash to close$87,916$38,500$38,500