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$236,090$236,090$278,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$42,820$0
Funding fee$1,180$1,180$0
Note rate3.130%3.130%7.320%
Blended rate3.130%4.031%7.560%
1st payment$1,145.72$1,145.72$1,915.92
2nd payment$0.00$321.15$0.00
Taxes / mo$198.58$198.58$198.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,494.31$1,815.46$2,320.28
Cash to close$73,810$30,990$30,990