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$234,497$234,497$395,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$160,603$0
Funding fee$1,172$1,172$0
Note rate3.680%3.680%7.400%
Blended rate3.680%5.436%7.640%
1st payment$1,246.29$1,246.29$2,735.59
2nd payment$0.00$1,070.69$0.00
Taxes / mo$108.33$108.33$108.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.02
HOA / mo$67.00$67.00$67.00
Total monthly$1,571.62$2,642.31$3,139.95
Cash to close$204,503$43,900$43,900