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$233,890$233,890$287,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$54,020$0
Funding fee$1,169$1,169$0
Note rate3.060%3.060%7.400%
Blended rate3.060%4.175%7.640%
1st payment$1,118.93$1,118.93$1,993.43
2nd payment$0.00$405.15$0.00
Taxes / mo$266.58$266.58$266.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,535.52$1,940.67$2,467.60
Cash to close$86,010$31,990$31,990