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$230,153$230,153$271,800
Remaining term (yrs)25.125.130.0
Secondary amount$0$41,647$0
Funding fee$1,151$1,151$0
Note rate3.050%3.050%7.400%
Blended rate3.050%3.962%7.640%
1st payment$1,090.16$1,090.16$1,881.89
2nd payment$0.00$312.36$0.00
Taxes / mo$286.42$286.42$286.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.36
HOA / mo$0.00$0.00$0.00
Total monthly$1,526.58$1,838.93$2,372.66
Cash to close$71,847$30,200$30,200