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$230,327$230,327$265,050
Remaining term (yrs)25.325.330.0
Secondary amount$0$34,723$0
Funding fee$1,152$1,152$0
Note rate3.110%3.110%7.400%
Blended rate3.110%3.882%7.640%
1st payment$1,093.48$1,093.48$1,835.15
2nd payment$0.00$260.42$0.00
Taxes / mo$245.42$245.42$245.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.01
HOA / mo$7.17$7.17$7.17
Total monthly$1,496.07$1,756.49$2,290.75
Cash to close$64,173$29,450$29,450