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$232,272$232,272$341,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$108,828$0
Funding fee$1,161$1,161$0
Note rate3.290%3.290%7.320%
Blended rate3.290%4.793%7.560%
1st payment$1,180.99$1,180.99$2,343.12
2nd payment$0.00$725.52$0.00
Taxes / mo$315.83$315.83$315.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,646.83$2,372.35$2,877.17
Cash to close$146,728$37,900$37,900