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$233,422$233,422$332,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$98,678$0
Funding fee$1,167$1,167$0
Note rate2.700%2.700%7.400%
Blended rate2.700%4.572%7.640%
1st payment$1,088.77$1,088.77$2,299.39
2nd payment$0.00$740.09$0.00
Taxes / mo$307.50$307.50$307.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$614.00$614.00$614.00
Total monthly$2,160.27$2,900.36$3,437.31
Cash to close$135,578$36,900$36,900