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$230,954$230,954$279,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$48,046$0
Funding fee$1,155$1,155$0
Note rate3.010%3.010%7.320%
Blended rate3.010%4.042%7.560%
1st payment$1,089.13$1,089.13$1,916.54
2nd payment$0.00$360.35$0.00
Taxes / mo$349.08$349.08$349.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.80
HOA / mo$198.00$198.00$198.00
Total monthly$1,786.21$2,146.56$2,669.42
Cash to close$79,046$31,000$31,000