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$235,969$235,969$251,999
Remaining term (yrs)25.925.930.0
Secondary amount$0$30,030$0
Funding fee$1,180$1,180$0
Note rate4.990%4.990%7.400%
Blended rate4.990%5.767%7.640%
1st payment$1,349.42$1,349.42$1,744.79
2nd payment$0.00$297.17$0.00
Taxes / mo$233.33$233.33$233.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$15.00$15.00$15.00
Total monthly$1,747.75$2,044.92$2,193.52
Cash to close$44,030$14,000$28,000