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$215,452$215,452$236,700
Remaining term (yrs)25.625.630.0
Secondary amount$0$34,398$0
Funding fee$1,077$1,077$0
Note rate3.690%3.690%7.320%
Blended rate3.690%4.817%7.560%
1st payment$1,081.20$1,081.20$1,625.96
2nd payment$0.00$340.39$0.00
Taxes / mo$333.33$333.33$333.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.34
HOA / mo$0.00$0.00$0.00
Total monthly$1,564.53$1,904.92$2,156.64
Cash to close$47,548$13,150$26,300