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$233,150$233,150$341,010
Remaining term (yrs)24.024.030.0
Secondary amount$0$107,860$0
Funding fee$1,166$1,166$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.513%7.640%
1st payment$1,119.26$1,119.26$2,361.08
2nd payment$0.00$719.06$0.00
Taxes / mo$292.66$292.66$292.66
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,561.92$2,280.99$2,871.95
Cash to close$145,750$37,890$37,890