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$238,355$238,355$373,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$135,145$0
Funding fee$1,192$1,192$0
Note rate2.960%2.960%7.400%
Blended rate2.960%4.784%7.640%
1st payment$1,154.34$1,154.34$2,586.04
2nd payment$0.00$900.97$0.00
Taxes / mo$197.33$197.33$197.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,501.67$2,402.64$3,008.07
Cash to close$176,645$41,500$41,500