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$237,289$237,289$373,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$136,211$0
Funding fee$1,186$1,186$0
Note rate3.260%3.260%7.400%
Blended rate3.260%4.989%7.640%
1st payment$1,197.17$1,197.17$2,586.04
2nd payment$0.00$908.07$0.00
Taxes / mo$173.42$173.42$173.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$28.00$28.00$28.00
Total monthly$1,548.58$2,456.66$3,012.16
Cash to close$177,711$41,500$41,500