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$233,076$233,076$387,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$153,924$0
Funding fee$1,165$1,165$0
Note rate2.980%2.980%7.400%
Blended rate2.980%4.977%7.640%
1st payment$1,167.69$1,167.69$2,679.51
2nd payment$0.00$1,026.16$0.00
Taxes / mo$358.33$358.33$358.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$72.00$72.00$72.00
Total monthly$1,748.03$2,774.19$3,337.24
Cash to close$196,924$43,000$43,000