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$227,330$227,330$262,800
Remaining term (yrs)25.425.430.0
Secondary amount$0$35,470$0
Funding fee$1,137$1,137$0
Note rate3.690%3.690%7.400%
Blended rate3.690%4.407%7.640%
1st payment$1,147.51$1,147.51$1,819.57
2nd payment$0.00$266.03$0.00
Taxes / mo$243.33$243.33$243.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.56
HOA / mo$0.00$0.00$0.00
Total monthly$1,540.84$1,806.87$2,265.47
Cash to close$64,670$29,200$29,200