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$235,506$235,506$359,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$123,594$0
Funding fee$1,178$1,178$0
Note rate2.790%2.790%7.320%
Blended rate2.790%4.583%7.560%
1st payment$1,106.66$1,106.66$2,466.77
2nd payment$0.00$823.96$0.00
Taxes / mo$215.17$215.17$215.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$17.33$17.33$17.33
Total monthly$1,489.16$2,313.12$2,921.08
Cash to close$163,494$39,900$39,900