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$235,911$235,911$377,910
Remaining term (yrs)21.921.930.0
Secondary amount$0$141,999$0
Funding fee$1,180$1,180$0
Note rate4.600%4.600%7.320%
Blended rate4.600%5.878%7.560%
1st payment$1,419.23$1,419.23$2,595.98
2nd payment$0.00$946.66$0.00
Taxes / mo$363.92$363.92$363.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,933.14$2,879.80$3,185.48
Cash to close$183,989$41,990$41,990