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$274,838$274,838$386,099
Remaining term (yrs)24.824.830.0
Secondary amount$0$111,261$0
Funding fee$1,374$1,374$0
Note rate2.900%2.900%7.320%
Blended rate2.900%4.370%7.560%
1st payment$1,289.06$1,289.06$2,652.23
2nd payment$0.00$741.74$0.00
Taxes / mo$282.02$282.02$282.02
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$91.00$91.00$91.00
Total monthly$1,812.08$2,553.82$3,252.47
Cash to close$154,161$42,900$42,900