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$235,078$235,078$405,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$169,922$0
Funding fee$1,175$1,175$0
Note rate2.900%2.900%7.400%
Blended rate2.900%5.040%7.640%
1st payment$1,105.09$1,105.09$2,804.14
2nd payment$0.00$1,132.81$0.00
Taxes / mo$412.00$412.00$412.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$23.42$23.42$23.42
Total monthly$1,690.51$2,823.32$3,470.56
Cash to close$214,922$45,000$45,000