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$237,727$237,727$358,110
Remaining term (yrs)24.124.130.0
Secondary amount$0$120,383$0
Funding fee$1,189$1,189$0
Note rate2.810%2.810%7.320%
Blended rate2.810%4.555%7.560%
1st payment$1,127.56$1,127.56$2,459.97
2nd payment$0.00$802.55$0.00
Taxes / mo$216.25$216.25$216.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,493.81$2,296.36$2,897.84
Cash to close$160,173$39,790$39,790