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$233,274$233,274$315,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$81,726$0
Funding fee$1,166$1,166$0
Note rate5.110%5.110%7.400%
Blended rate5.110%6.119%7.640%
1st payment$1,358.91$1,358.91$2,181.00
2nd payment$0.00$612.94$0.00
Taxes / mo$440.08$440.08$440.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,948.99$2,561.94$2,834.08
Cash to close$116,726$35,000$35,000