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$226,711$226,711$319,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$92,789$0
Funding fee$1,134$1,134$0
Note rate3.000%3.000%7.400%
Blended rate3.000%4.743%7.640%
1st payment$1,075.09$1,075.09$2,212.15
2nd payment$0.00$695.92$0.00
Taxes / mo$295.83$295.83$295.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,520.92$2,216.84$2,721.89
Cash to close$128,289$35,500$35,500