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$237,648$237,648$367,200
Remaining term (yrs)25.125.130.0
Secondary amount$0$129,552$0
Funding fee$1,188$1,188$0
Note rate3.090%3.090%7.320%
Blended rate3.090%4.822%7.560%
1st payment$1,130.64$1,130.64$2,522.41
2nd payment$0.00$863.68$0.00
Taxes / mo$120.42$120.42$120.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.44
HOA / mo$417.00$417.00$417.00
Total monthly$1,818.05$2,681.74$3,283.27
Cash to close$170,352$40,800$40,800