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$239,694$239,694$296,910
Remaining term (yrs)24.124.130.0
Secondary amount$0$57,216$0
Funding fee$1,198$1,198$0
Note rate2.830%2.830%7.400%
Blended rate2.830%4.019%7.640%
1st payment$1,139.34$1,139.34$2,055.74
2nd payment$0.00$429.12$0.00
Taxes / mo$349.33$349.33$349.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,638.67$2,067.79$2,614.46
Cash to close$90,206$32,990$32,990