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$236,231$236,231$391,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$155,269$0
Funding fee$1,181$1,181$0
Note rate3.690%3.690%7.320%
Blended rate3.690%5.399%7.560%
1st payment$1,262.44$1,262.44$2,689.33
2nd payment$0.00$1,035.13$0.00
Taxes / mo$199.25$199.25$199.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$36.00$36.00$36.00
Total monthly$1,647.69$2,682.82$3,152.88
Cash to close$198,769$43,500$43,500