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$233,708$233,708$269,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$35,392$0
Funding fee$1,169$1,169$0
Note rate3.070%3.070%7.400%
Blended rate3.070%3.850%7.640%
1st payment$1,109.44$1,109.44$1,863.19
2nd payment$0.00$265.44$0.00
Taxes / mo$131.51$131.51$131.51
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$49.33$49.33$49.33
Total monthly$1,440.28$1,705.72$2,247.85
Cash to close$65,292$29,900$29,900