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$237,832$237,832$431,999
Remaining term (yrs)24.924.930.0
Secondary amount$0$194,167$0
Funding fee$1,189$1,189$0
Note rate2.900%2.900%7.320%
Blended rate2.900%5.192%7.560%
1st payment$1,115.50$1,115.50$2,967.53
2nd payment$0.00$1,294.45$0.00
Taxes / mo$400.00$400.00$400.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.40
HOA / mo$420.00$420.00$420.00
Total monthly$2,102.16$3,396.61$4,040.60
Cash to close$242,167$48,000$48,000