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$233,760$233,760$310,499
Remaining term (yrs)25.125.130.0
Secondary amount$0$76,739$0
Funding fee$1,169$1,169$0
Note rate3.140%3.140%7.320%
Blended rate3.140%4.588%7.560%
1st payment$1,118.28$1,118.28$2,132.91
2nd payment$0.00$575.54$0.00
Taxes / mo$230.67$230.67$230.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.10
HOA / mo$325.00$325.00$325.00
Total monthly$1,823.94$2,399.48$2,900.68
Cash to close$111,239$34,500$34,500