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$237,359$237,359$431,910
Remaining term (yrs)23.623.630.0
Secondary amount$0$194,551$0
Funding fee$1,187$1,187$0
Note rate3.230%3.230%7.400%
Blended rate3.230%5.379%7.640%
1st payment$1,193.80$1,193.80$2,990.46
2nd payment$0.00$1,297.00$0.00
Taxes / mo$41.08$41.08$41.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,401.55$2,698.55$3,284.59
Cash to close$242,541$47,990$47,990