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$237,326$237,326$346,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$109,174$0
Funding fee$1,187$1,187$0
Note rate3.010%3.010%7.400%
Blended rate3.010%4.582%7.640%
1st payment$1,158.21$1,158.21$2,399.10
2nd payment$0.00$727.83$0.00
Taxes / mo$322.00$322.00$322.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$91.33$91.33$91.33
Total monthly$1,721.54$2,449.37$3,031.73
Cash to close$147,674$38,500$38,500