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$225,942$225,942$297,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$71,058$0
Funding fee$1,130$1,130$0
Note rate2.670%2.670%7.320%
Blended rate2.670%4.184%7.560%
1st payment$1,050.44$1,050.44$2,040.18
2nd payment$0.00$532.93$0.00
Taxes / mo$138.25$138.25$138.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$121.00$121.00$121.00
Total monthly$1,459.69$1,992.63$2,508.83
Cash to close$104,058$33,000$33,000