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$234,057$234,057$387,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$152,943$0
Funding fee$1,170$1,170$0
Note rate3.610%3.610%7.320%
Blended rate3.610%5.345%7.560%
1st payment$1,235.21$1,235.21$2,658.42
2nd payment$0.00$1,019.62$0.00
Taxes / mo$256.08$256.08$256.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,641.29$2,660.91$3,141.90
Cash to close$195,943$43,000$43,000