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$233,845$233,845$260,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$27,065$0
Funding fee$1,169$1,169$0
Note rate3.760%3.760%7.320%
Blended rate3.760%4.304%7.560%
1st payment$1,187.02$1,187.02$1,792.27
2nd payment$0.00$202.99$0.00
Taxes / mo$295.42$295.42$295.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.18
HOA / mo$152.00$152.00$152.00
Total monthly$1,784.44$1,987.43$2,441.87
Cash to close$56,055$28,990$28,990