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$236,213$236,213$283,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$47,287$0
Funding fee$1,181$1,181$0
Note rate3.110%3.110%7.320%
Blended rate3.110%4.092%7.560%
1st payment$1,126.29$1,126.29$1,947.45
2nd payment$0.00$354.66$0.00
Taxes / mo$154.92$154.92$154.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,431.20$1,785.86$2,309.06
Cash to close$78,787$31,500$31,500