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$234,454$234,454$359,910
Remaining term (yrs)24.124.130.0
Secondary amount$0$125,456$0
Funding fee$1,172$1,172$0
Note rate2.810%2.810%7.320%
Blended rate2.810%4.619%7.560%
1st payment$1,112.04$1,112.04$2,472.33
2nd payment$0.00$836.37$0.00
Taxes / mo$333.25$333.25$333.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$280.00$280.00$280.00
Total monthly$1,875.29$2,711.66$3,307.56
Cash to close$165,446$39,990$39,990