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$238,475$238,475$323,910
Remaining term (yrs)23.623.630.0
Secondary amount$0$85,435$0
Funding fee$1,192$1,192$0
Note rate3.260%3.260%7.320%
Blended rate3.260%4.774%7.560%
1st payment$1,203.15$1,203.15$2,225.04
2nd payment$0.00$640.76$0.00
Taxes / mo$258.92$258.92$258.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$25.00$25.00$25.00
Total monthly$1,637.07$2,277.83$2,723.74
Cash to close$121,425$35,990$35,990