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$235,274$235,274$269,550
Remaining term (yrs)24.524.530.0
Secondary amount$0$34,276$0
Funding fee$1,176$1,176$0
Note rate3.000%3.000%7.320%
Blended rate3.000%3.763%7.560%
1st payment$1,125.83$1,125.83$1,851.62
2nd payment$0.00$257.07$0.00
Taxes / mo$628.92$628.92$628.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.91
HOA / mo$7.08$7.08$7.08
Total monthly$1,911.83$2,168.90$2,691.53
Cash to close$64,226$29,950$29,950