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$235,129$235,129$324,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$88,871$0
Funding fee$1,176$1,176$0
Note rate3.450%3.450%7.400%
Blended rate3.450%4.972%7.640%
1st payment$1,209.78$1,209.78$2,243.31
2nd payment$0.00$666.53$0.00
Taxes / mo$207.40$207.40$207.40
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,567.19$2,233.72$2,665.51
Cash to close$124,871$36,000$36,000