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$226,313$226,313$324,000
Remaining term (yrs)11.411.430.0
Secondary amount$0$97,687$0
Funding fee$1,132$1,132$0
Note rate5.170%5.170%7.400%
Blended rate5.170%6.325%7.640%
1st payment$2,178.92$2,178.92$2,243.31
2nd payment$0.00$732.65$0.00
Taxes / mo$508.42$508.42$508.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.80
HOA / mo$38.33$38.33$38.33
Total monthly$2,875.67$3,608.32$3,004.86
Cash to close$133,687$36,000$36,000