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$225,906$225,906$382,410
Remaining term (yrs)23.923.930.0
Secondary amount$0$156,504$0
Funding fee$1,130$1,130$0
Note rate2.930%2.930%7.320%
Blended rate2.930%5.005%7.560%
1st payment$1,090.56$1,090.56$2,626.89
2nd payment$0.00$1,043.36$0.00
Taxes / mo$316.83$316.83$316.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.48
HOA / mo$60.00$60.00$60.00
Total monthly$1,617.39$2,660.75$3,230.21
Cash to close$198,994$42,490$42,490