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$226,784$226,784$278,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$52,126$0
Funding fee$1,134$1,134$0
Note rate2.980%2.980%7.320%
Blended rate2.980%4.105%7.560%
1st payment$1,075.50$1,075.50$1,915.92
2nd payment$0.00$390.95$0.00
Taxes / mo$173.42$173.42$173.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.78
HOA / mo$35.00$35.00$35.00
Total monthly$1,433.91$1,824.86$2,330.12
Cash to close$83,116$30,990$30,990