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$233,472$233,472$323,730
Remaining term (yrs)23.823.830.0
Secondary amount$0$90,258$0
Funding fee$1,167$1,167$0
Note rate3.210%3.210%7.320%
Blended rate3.210%4.824%7.560%
1st payment$1,166.37$1,166.37$2,223.80
2nd payment$0.00$676.93$0.00
Taxes / mo$299.75$299.75$299.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.75
HOA / mo$12.50$12.50$12.50
Total monthly$1,628.62$2,305.55$2,750.80
Cash to close$126,228$35,970$35,970