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$239,085$239,085$283,410
Remaining term (yrs)24.624.630.0
Secondary amount$0$44,325$0
Funding fee$1,195$1,195$0
Note rate2.970%2.970%7.400%
Blended rate2.970%3.913%7.640%
1st payment$1,137.75$1,137.75$1,962.27
2nd payment$0.00$332.43$0.00
Taxes / mo$11.25$11.25$11.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.68
HOA / mo$116.67$116.67$116.67
Total monthly$1,415.67$1,748.10$2,296.88
Cash to close$75,815$31,490$31,490